Our strategy: Pohjolan Voima – Decisive Power

Pohjolan Voima is a long-lived Finnish energy company. We are one of Finland’s largest energy producers – our production accounts for approximately 20% of the nation’s total electricity production. The electricity we produce is almost completely carbon neutral. Carbon-neutral production includes hydropower, nuclear power as well as thermal power produced from sustainably sourced wood-based fuels and the bio share of solid recovered fuels.

We produce electricity and heat at cost price for the needs of our owners – Finnish industrial and energy companies – with reliable and adjustable hydropower, thermal power and nuclear power that ensures security of supply. 

We are a team of top professionals and are proven good place to work. At Pohjolan Voima, we pride ourselves on doing meaningful work in line with our values of skilfully, reliably, together. As a responsible actor, we align security of supply, cost-efficiency and environmental impacts in our production. We are committed to carbon neutrality and improving biodiversity. Our objective is to create decisive power to strengthen competitiveness and contribute to a better tomorrow.

Our strategy 2025–2030

Three themes guide our operations:

Competitive and sustainable production on market terms

We make choices with the aim of promoting competitiveness, wellbeing and a more sustainable future. As a responsible actor, we align security of supply, cost-efficiency and environmental impacts in our production, including carbon-neutral production and biodiversity. The electricity we produce is almost completely carbon neutral. Our target is for 99% of our electricity production and 85% of our heat production to be carbon neutral by 2025. Our long-term vision for the promotion of biodiversity is identifying our key effects on biodiversity, moving towards net positivity, and improving our skill set and updating our targets as we learn more.

Top expert in asset management

We have large assets in our hands, and we care for them in the best possible way. We perform effective maintenance measures, carry out timely investments and develop lifecycle management. We use technology, data and knowledge in our operations, as well as develop our operation models. We strengthen our knowledge and skills through our partner networks.

Competitive advantage by balancing power capability and timeliness

 In future, fluctuations in electricity production will be even faster and greater than now. Balancing power and timely production will become even more important. The increasing share of wind and solar power production, the volume of which fluctuate depending on weather conditions, will further speed up this development. We develop the balancing capacity of our production and our capability of utilising it, as well as develop our operational models and risk management.

Values guide our operations

Our values which we have defined together with our personnel are:

Skilfully − Reliably − Together

Our values guide all our operations.