Questions to the partners of Voimaosakeyhtiö SF:
- With which issues is your company dealing with right now? What does the future look like for your company?
- How is the local touch reflected in your operations?
- Why is the Hanhikivi 1 project important?
- How many times have you participated in partner visits to the Hanhikivi 1 construction site? What was the most important lesson learned today?
More reliable base load power
Pasi Haarala, managing director of Naantalin Energia Oy
1. Naantalin Energia is building a reliable network and developing the sales of electricity and new products: we have started to sell solar panels and air source heat pumps. Naantali is a developing and growing region, which means that our network is expanding and we have plenty of construction work to do.
The future seems fairly bright, although changes in the energy sector can cause problems at the general level.
2. The local touch can be seen in many ways in our operations, such as the fact that we can quickly repair electrical faults and offer friendly service. There are not many electrical faults, though. We know our customers and the needs of the region. Our local touch also includes versatile cooperation with local associations and clubs. The town being an owner is an important foundation for us.
3. The Hanhikivi 1 project is important for Finland and the people living here. We need more reliable base load power to manage with the Nordic competition: the Finnish area price needs to become more stable and it has to be closer to that of the other Nordic countries. The project is also important for us owners, as we are seeking for profit in the long term.
4. I’m here for the fifth time. The owner visits are an important means of keeping up with the progress of the project. I visited the area for the first time before any construction work had been started yet: the change has been quite amazing! The most important thing is obtaining the latest information on the construction site and the progress of the project.
Siv Granqvist, management secretary, Oy Herrfors Ab, Katternö Group, Pietarsaari
1. The future seems bright. We have plenty of new, young employees. The young people work together with their older colleagues for the future. We are working to secure the delivery of electricity regardless of the weather. We also invest in renewable energy and develop new products for our customers.
2. The local touch has always been an important issue for us. We want to be present in the everyday lives of our customers. We have offices at several locations. The wellbeing of local businesses, agriculture, and residents is very important for us, and we want to offer all of our customers the possibility to continue operating in our neighboring areas also in future.
3. One of the reasons why Hanhikivi 1 is extremely important to us is that Finland needs more emission-free energy. We cannot continue with the approach of importing up to a quarter of the electricity used in Finland. Naturally, we also want to promote business operations in our region.
4. As I recall, I visited the Hanhikivi peninsula for the first time in the fall of 2009. We sat at the future location of the reactor in the woods and ate apples. I have visited the site approximately once a year ever since.
I’m very grateful for the opportunity to be involved in such a fine project from the very beginning. We can achieve good results together!
Stability in the price of electricity
Eero Seesvaara, managing director of Lahti Energia Oy
1. We are currently building a district heating plant that is large in our scale. It includes an option to produce electricity. We are currently pondering about whether to use the option, i.e., whether to supplement the plant by investing in electricity production once the heating systems of the plant are completed. We must reach a decision by the end of next year.
The future seems bright in all respects. Our core business is in on point and we are developing new businesses.
2. We work in close cooperation with the city of Lahti, a variety of associations, sports clubs, and other local parties to boost vitality of the region. We purchase the fuel we need from nearby. We also maintain high visibility in local media and around the city.
3. In Lahti, we are currently implementing a major energy change. Fossil fuels will be almost completely eradicated from both heat and electricity production in 2020. In electricity production, the gap will be partly patched by the combustion of energy waste, partly by wind power and hydropower, and by a large part by nuclear power. Hanhikivi 1 will fill up the rest of the gap that will appear when we abandon fossil fuels.
Emission-free nuclear power is important for us, because it reduces the electric power deficit in Finnish production, stabilizes the price of electricity, and improves the security of supply. Once transfer connections from Norway to the south have been improved, the price of electricity is expected to increase in the Nordic countries.
4. I’m visiting the site for the second time. Actually coming here makes the scope of the project and the achievements so far much more concrete. At the Hanhikivi peninsula, we can actually see what purchased with our investment.
- With its 66 per cent share of ownership, Voimaosakeyhtiö SF Oy is Fennovoima’s Finnish majority shareholder. The shareholders include several large Finnish enterprises and energy companies.
- With its 34 per cent share of ownership, Fennovoima’s second largest owner is RAOS Voima Ltd, a company included in the Russian Rosatom Group.
- Fennovoima is a company operating under the Mankala principle, i.e. it will sell the electricity produced to the owners at cost price.