Fortum

(IN BRIEF) Fortum announces that Tero Holländer, Head of Business Line Batteries, will depart the company in August 2025 to pursue new opportunities. Anssi Airas, currently IT Director at Fortum Battery Recycling, will succeed Holländer. Holländer reflects on his rewarding … Read the full press release →

(IN BRIEF) Fortum has been nominated once again for Norway’s Best Customer Service in the electricity sector, reflecting its commitment to customer satisfaction. The nomination follows over 20,000 customer interviews, and the award ceremony will take place during the Customer … Read the full press release →

(IN BRIEF) Vaisala’s Xweather Optimize enhances the accuracy of weather forecasts for district heating providers, leading to savings of up to €300,000 annually. By improving forecast accuracy, district heating operators can optimize energy production and distribution, reduce operational costs, and … Read the full press release →

(IN BRIEF) Fortum is driving the global shift to a low‐carbon energy future by launching innovative hydrogen solutions showcased at the Hydrogen Summit & Expo in Tampere. Central to its strategy is the Kalla Hydrogen Pilot Plant in Finland, a … Read the full press release →

(IN BRIEF) Fortum and the City of Loviisa have reached an agreement for the sale of approximately 300 hectares of land near the Loviisa power plant. Valued at 10.6 million euros, the land sale is subject to approval by the … Read the full press release →

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release →

(IN BRIEF) Fortum is renewing the main seawater pumps and motors at its Loviisa nuclear power plant as part of investments to extend the plant’s lifespan and ensure reliable electricity production. The seawater pumps, critical to the plant’s cooling system, … Read the full press release →

(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release →

(IN BRIEF) AFRY is collaborating with Fortum to modernize the Untra hydropower plant in Sweden, which has been in operation for over 100 years. The project involves replacing three of the plant’s five generators, which will increase its output from … Read the full press release →

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release →

(IN BRIEF) Fortum announces plans to modernise the low-pressure turbines at its Loviisa nuclear power plant, beginning in 2026 as part of lifetime extension investments aimed at ensuring reliable electricity production until 2050. With the Finnish Government granting a new … Read the full press release →

(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release →

(IN BRIEF) Fortum, a leading clean energy provider, has completed the due diligence process after submitting an official commitment letter for the Science Based Targets initiative (SBTi). With a goal to align its emissions reduction targets with climate science, Fortum … Read the full press release →

(IN BRIEF) Fortum Battery Recycling and Hydrovolt, two prominent players in sustainable battery recycling, have formed a strategic alliance to drive the Nordic battery industry forward. Hydrovolt will supply black mass generated from EV battery recycling to Fortum’s plant in … Read the full press release →

(IN BRIEF) Fortum achieved an A- rating for its climate efforts in the 2023 Carbon Disclosure Project (CDP) report, showing significant improvement from its previous B rating. The company’s enhanced score reflects advancements in risk disclosure, value chain engagement, and … Read the full press release →

(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release →

(IN BRIEF) In 2023, Fortum’s Loviisa nuclear power plant in Finland achieved exceptional results, generating 8.09 terawatt-hours of carbon-free electricity. Loviisa 1 and Loviisa 2, the plant’s units, demonstrated high operational efficiency with load factors exceeding 89%. Fortum also collaborated … Read the full press release →

(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release →

(IN BRIEF) Fortum, a leading energy company, has signed an agreement with Finland’s National Emergency Supply Agency (NESA) to reserve the Meri-Pori coal condensing power plant for emergencies, ensuring the security of the country’s electricity supply. The agreement is in … Read the full press release →

(IN BRIEF) Fortum’s Loviisa Nuclear Power Plant in Finland is preparing for its annual outage, commencing with Unit 2 on August 20th, followed by Unit 1. Both units will undergo a brief refuelling outage lasting approximately 37 days. This maintenance … Read the full press release →