UPM Energy is a significant operator in the Nordic electricity market. With the total electricity generation capacity of 1,480 MW UPM Energy is the second largest electricity producer in Finland. Our business includes electricity generation and operations in both physical electricity and financial portfolio management.

In addition to UPM Energy Business Area, UPM Group also has power generation assets in other businesses. Combined heat and power plants (CHP) and small hydropower plants are located in paper, pulp, timber and plywood mill sites, and they are primarily serving the local mills.  UPM Group's total generation capacity, including shares in other companies, is 3,170 MW.  

​UPM Energy in numbers

 

UPM Energy 1,480 MW capacity
UPM Energy 415 M€ sales 2015
UPM Energy 181 M€ operating profit 2015
UPM Energy 75 professionals

​UPM is a responsible energy producer with versatile energy sources and production resources, as well as strong technological competence in energy production.

UPM aims at expanding its low-emission power generation, holding growth opportunities in CO2-free energy and market competencies.

​Hydropower

Renewable and flexible hydropower is an essential part of UPM's versatile energy portfolio. Hydropower is a cost efficient way to generate electricity; the power plants have low maintenance costs and a long life span.

Nuclear Power

CO2-free nuclear power has an important role in UPM's sustainable energy production scheme. UPM has a remarkable shareholdings in the energy company Pohjolan Voima Oy (PVO), which is a majority shareholder in nuclear power producer Teollisuuden Voima Oyj (TVO).

Condensing Power

UPM’s condensing power plants produce electricity depending on the market situation. Most of the condensing power plants use coal, peat and biomass as their fuel.

UPM Energy production
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Power plants operated by UPM Energy

Renewable and flexible hydropower is an essential part of UPM's versatile energy portfolio. UPM Energy has eight hydropower plants in Finland. In addition, UPM Energy operates Länsi-Suomen Voima's Hajavalta facility.

Kallioinen

UPM Energy, Kallioinen

Location: Sotkamo, some 600 km from Helsinki
Products: hydro power
Founded: 1957
Certification: Environmental Management System ISO 14001
Address: UPM Kallioinen, Kallioisentie 20 B. FI-88640 Sotkamo, Finland
Tel. +358 8 662815, e-mail: info@upm.com

Katerma

UPM Energy, Katerma

Location: Kuhmo, some 585 km from Helsinki
Products: hydro power
Founded: 1950
Certification: Environmental Management System ISO 14001
Address: UPM Katerma, Voimalantie 102, FI-88900 Kuhmo, Finland
Tel. +358 8 656515, e-mail: info@upm.com

Kaltimo

UPM Energy, Kaltimo

Location: Joensuu, some 460 km from Helsinki
Products: hydro power
Founded: 1958
Certification: Environmental Management System ISO 14001
Address: UPM Kaltimo, Voimalaitoksentie 300, FI-81200 Eno, Finland
Tel. +358 13 761181, e-mail: info@upm.com

Keltti



Location: Kouvola, some 130 km from Helsinki
Products: hydro power
Founded: 1939
Certification: Environmental Management System ISO 14001
Address: UPM Keltti, Niskalantie 341, FI-45700 Kuusankoski, Finland
Tel. +358 2041 52576, e-mail: info@upm.com

Kuusankoski

UPM Energy, Kuusankoski

Location: Kouvola, some 135 km from Helsinki
Products: hydro power
Founded: 1946
Certification: Environmental Management System ISO 14001
Address: UPM Kuusankoski hydro power plant, Patosillantie 3, FI-45700 Kuusankoski, Finland
Tel. +358 2041 52595, e-mail: info@upm.com

Voikkaa

UPM Energy, Voikkaa

Location: Kouvola, some 140 km from Helsinki
Products: hydro power
Founded: 1962
Certification: Environmental Management System ISO 14001
Address: UPM Voikkaa hydro power plant, Myllykalliontie 97, FI-45810 Pilkanmaa, Finland
Tel. +358 2041 53231, e-mail: info@upm.com

Äetsä

UPM Energy, Äetsä

Location: Äetsä, some 195 km from Helsinki
Products: hydro power
Founded: 1920
Certification: Environmental Management System ISO 14001
Address: UPM Äetsä, Voimalaitoksentie 62, FI-32740 Äetsä, Finland
Tel. +358 3 5133046, e-mail: info@upm.com

Tyrvää

UPM Energy, Tyrvää

Location: Sastamala, some 200 km from Helsinki
Products: hydro power
Founded: 1950
Certification: Environmental Management System ISO 14001
Address: UPM Tyrvää, Hartolankoskentie 100, FI-38210 Sastamala, Finland
Tel. +358 3 5141066, e-mail: info@upm.com

Harjavalta

UPM Energy, Harjavalta

Länsi-Suomen Voima Oy, UPM operated power plant
Location: Harjavalta, some 220 km from Helsinki
Products: hydro power
Founded: 1939
Certification: Environmental Management System ISO 14001
Address: UPM Harjavalta, Voimalaitoksentie 70, FI-29200 Harjavalta, Finland
Tel. +358 2 5355 5070, e-mail: info@upm.com

​Hydropower

Pohjolan Voima Oy
Kemijoki Oy
Kainuun Voima Oy
Länsi-Suomen Voima Oy (51%)

UPM Energy has shares in the hydropower plants of four Finnish energy companies,
along with eight own hydropower plants.

Nuclear power

Pohjolan Voima (44 %)
Power plant unit Olkiluoto 3 (30 %)

UPM Energy has shareholdings in the energy company Pohjolan Voima Oy, which is a majority shareholder (58.47%) in nuclear power producer Teollisuuden Voima Oyj (TVO).

TVO has a total capacity of 1,760 MW. The first nuclear power plant owned by TVO in Olkiluoto was completed in 1978. UPM is participating in the project to construct a third nuclear power plant unit, Olkiluoto 3, through the shareholding.

Condensing power

Pohjolan Voima Oy (44%)

UPM Energy owns shares of condensing power plants in Finland through its shareholding in Pohjolan Voima Oy. Most of the condensing power plants use coal, peat and biomass as their fuel.

 

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