Pohjolan Voima is a power generation group established in 1943 that produces electricity and heat by hydroelectric power, thermal power, and nuclear power. Over its 75 years of history, the company has developed into an important, sustainable operator that generates well-being broadly across the entire society.
Pohjolan Voima’s organization comprises 11 subsidiaries, 25 power plants from different parts of Finland, and some 100 employees. As an organization owned by its shareholders, Pohjolan Voima is a versatile combiner of resources that aims to strengthen the competitiveness of its clients on the energy market.
Pohjolan Voima operates on the Mankala model and generates some 20% of all electricity consumed in Finland. The company’s basic mission is to generate energy for its owners, which include companies from the forestry, energy and chemistry sectors; the owners finance the construction and maintenance of the power plants and, in return, receive energy at cost price. Producing effective and innovative energy services is deep within the core of Pohjolan Voima’s operations.
Pohjolan Voima’s vision is to be the most competitive large-scale energy producer on the market for its clients, which makes it very natural for risk management to play a key role in the different areas of business.