Production in 2024

Pohjolan Voima produces approximately 20% of all electricity generated in Finland. In 2024, we produced 16.1 TWh of electricity and 2.5 TWh of heat.

Electricity consumption in Finland in 2024 amounted to 83 TWh. Finnish electricity production totalled 80 TWh, while net imports into Finland amounted to 3 TWh.

Producer of electricity and heat

At the end of 2024, Pohjolan Voima´s total electricity production capacity was 2,889 MW. Our total heat production capacity was 1,089 MW. We produce electrcity and heat at cost price to our shareholders with reliable and adjustable hydroelectric, thermal and nuclear power that ensures security of supply.

Pohjolan Voima’s electricity production amounted to 16.1 TWh and heat production to 2.5 TWh in 2024

In 2024, 99% of our electricity production and 89% of our heat production was carbon neutral. Production forms in Pohjolan Voima’s portfolio that are considered to be carbon neutral are hydropower and nuclear power, as well as electricity and heat produced with carbon-neutral wood-based fuels and the bio-share of solid recovered fuels (60%, the share used by Statistcs Finland) in thermal power plants.

Nuclear power made up 82.8% (81.5%) of the electricity supply. Teollisuuden Voima’s Olkiluoto nuclear power plant generated 23.3 (24.7) TWh of electricity, of which Pohjolan Voima obtained 13.6 (14.4) TWh in accordance with its shareholding. The combined capacity factor of the Olkiluoto 1 and 2 plant units was 87.0% (91.9), while OL3’s capacity factor was 70.4% (75.2). The production volumes in Olkiluoto nuclear power plant were affected by the annual outages in plant units.

Hydropower accounted for 1.8 (1.8) TWh, or 11.1% (10.3) of the electricity supply. Hydropower production remained close to the production figures of an average year. A total of 0.7 (0.9) TWh of electricity was produced by combined heat and power (CHP) plants. Their share of the total supply was 4.1% (4.9%).