Pohjolan Voima
Encyclopedia
Pohjolan Voima Oy is the second biggest Finnish energy company, which owns hydropower
and thermal power plants (including biofuel-fired power plants). Pohjolan Voima is a founder and main shareholder of the Olkiluoto Nuclear Power Plant operator Teollisuuden Voima
Oy. Pohjolan Voima has 25% of shares in the Finnish electricity transmission system operator Fingrid Oyj
.
Major shareholders of Pohjolan Voima are Finnish
pulp and paper manufacturers
UPM Oyj
(42,0%) and Stora Enso Oyj
(15,6 ). Other shareholders include power and utility companies owned by several municipalities. The energy produced by the company is distributed among its shareholders based on their ownership and the shareholders pay for the actual production costs. This arrangement allows for smaller power companies to participate in larger power station projects together and to benefit from the economics of scale.
Hydropower
Hydropower, hydraulic power, hydrokinetic power or water power is power that is derived from the force or energy of falling water, which may be harnessed for useful purposes. Since ancient times, hydropower has been used for irrigation and the operation of various mechanical devices, such as...
and thermal power plants (including biofuel-fired power plants). Pohjolan Voima is a founder and main shareholder of the Olkiluoto Nuclear Power Plant operator Teollisuuden Voima
Teollisuuden Voima
Teollisuuden Voima Oyj is a Finnish nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima and Fortum...
Oy. Pohjolan Voima has 25% of shares in the Finnish electricity transmission system operator Fingrid Oyj
Fingrid
Fingrid Oyj is a Finnish national electricity transmission grid operator. It is owned by the Finnish state , power companies Fortum and Pohjolan Voima and financial investors . CEO of the company is Jukka Ruusunen....
.
Major shareholders of Pohjolan Voima are Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
pulp and paper manufacturers
Pulp and paper industry
The global pulp and paper industry is dominated by North American , northern European and East Asian countries...
UPM Oyj
UPM (company)
UPM-Kymmene Corporation is a Finnish pulp, paper and timber manufacturer. UPM-Kymmene was formed by the merger of Kymmene Corporation and Repola Ltd and its subsidiary United Paper Mills Ltd in 1996...
(42,0%) and Stora Enso Oyj
Stora Enso
Stora Enso Oyj is a Finnish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998. It is headquartered in Helsinki, and it has approximately 29,000 employees...
(15,6 ). Other shareholders include power and utility companies owned by several municipalities. The energy produced by the company is distributed among its shareholders based on their ownership and the shareholders pay for the actual production costs. This arrangement allows for smaller power companies to participate in larger power station projects together and to benefit from the economics of scale.
Carbon intensity
| Year | Production (TWh TWH TWH or twh could refer to:*Tennessee Walking Horse, a breed of horse* Toronto Western Hospital, a hospital in Toronto, Canada* TWH Bus & Coach, a bus company in Romford, England* Terrawatt-hour, measure of electrical energy, 1012 watt-hours... ) |
Emission (Gt CO2) | kg CO2/MWh |
|---|---|---|---|
| 2002 | 16 | 6 | 375 |
| 2003 | 18 | 6.07 | 337 |
| 2004 | 18 | 4.95 | 280 |
| 2005 | 13 | 1.67 | 126 |
| 2006 | 18 | 4.73 | 264 |
| 2007 | 17 | 4.25 | 250 |
| 2008 | 22 | 2.92 | 131 |
| 2009 | 22 | 2.88 | 131 |