Projects

A biogasification plant in Vaskiluoto, Vaasa will use domestic, renewable energy sources such as wood chips. Biogasification is a new technology developed in Finland that has not been used in this large scale anywhere in the world before.

Finance

Pohjolan Voima operates on an at-cost basis. Therefore its purpose is not to produce profit, but reasonably-priced energy for the owners. As a result of this operating principle, traditional financial key indicators do not give relevant information to understand the companies’ business, financial status or result. Japan Credit Rating Agency affirmed AA Rating with a stable outlook on Pohjolan Voima Oy in 2013.

Emissions reduction

A good 80 per cent of the energy sources used in Pohjolan Voima's energy generation are already carbon-free. Our aim is to raise that percentage to 90 per cent by 2015. The carbon-free production in Pohjolan Voima is hydropower, nuclear power and energy generated in biomass-fired thermal power plants.