Rami Vuola

"The EU is preparing policies that will affect the future of the energy sector"

2017 was a steady year for EPV Energy and met most of our expectations. Many projects and reorganisations were completed and the company’s financial status remained stable.

CEO's review

Towards emission-free energy generation

EPV Energy has more than 60 years’ experience of responsible energy generation. We continue to focus on emission-free generation with determination and purpose.

EPV Energy

Electricity generation

In 2017, the Group's electricity generation amounted to 3,503 GWh.

Renewable

28.6% Hydropower 1001 GWh
12.2% Wind Power 427 GWh
6.9% Wood + other bio 240 GWh

Emission-free

28.6% Hydropower 1001 GWh
12.2% Wind Power 427 GWh
6.9% Wood + other bio 240 GWh
32.1% Nuclear Power 1123 GWh
4.8% Industrial Gas 169 GWh

Domestic

2.7% Hydropower 93 GWh
12.2% Wind Power 427 GWh
6.9% Wood + other bio 240 GWh
32.1% Nuclear Power 1123 GWh
4.8% Industrial Gas 169 GWh
7.5% Peat 263 GWh

Other

7.9% Coal 277 GWh
0.1% Other foss. 3 GWh

265,2 M€

Turnover

123,9 M€

Investments

45,7 %

Equity ratio

71

Personnel
Read the financial statement
Financial statement 2017

Group structure and business areas

The EPV Energy Group includes a number of subsidiaries and joint ventures, and EPV actively participates in the management and supervision of them. However, the subsidiaries and joint ventures have their own administrative organs. The group is divided into four business areas.

EPV Power

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EPV Heat

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EPV Wind

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EPV Infra

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Board of directors' report

Report