Aamuposti: Fennovoima’s owners use third of Finland’s electricity
Aamuposti,
26.04.2010

Aamuposti newspaper writes that as there are electricity companies among Fennovoima’s shareholders, Fennovoima project covers owners and electricity consumers all over Finland. For example, Nurmijärvi’s and Mäntsälä’s electricity companies are Fennovoima’s shareholders. Retail chains Kesko and SOK are also among Fennovoima shareholders as well as many industrial companies like Atria, Myllyn Paras, Outokumpu, Rautaruukki and Valio.

Fennovoima’s nuclear power plant would ensure that Myllyn Paras’ all energy would be produced with non-fossil fuels, says Pekka Savela, CEO of Myllyn Paras. Mr Savela is pleased that Fennovoima project has proceeded successfully. At the moment, Myllyn Paras produces part of the energy used in its production facilities by burning oat crust.

Almost 2 million Finns get their electricity from energy companies that are Fennovoima’s shareholders. At the moment, the companies have to buy most of the electricity they need from the electricity exchange where the price is high and fluctuating. The price is unpredictable. Aamuposti points out that Fennovoima’s owners get the electricity from the nuclear power plant at cost price which benefits consumers, too.

Fennovoima’s shareholders use 30 per cent of electricity consumed in Finland but have very little own electricity production.

 

>> Fennovoima has 64 owners.