Elenia increases distribution tariffs by 6.5 per cent on average from the beginning of September. The increase is driven by the need to develop electricity distribution to meet the current and future needs of our customers.
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Access to and use of the Website
The materials on the Website are directed, in the UK and in other EEA countries, to persons regarded as market counterparties and intermediate customers and not to private customers (as defined by the rules of the U.K. Financial Conduct Authority), who should not rely on the Website. Moreover, any investment or services to which the Website may relate will not be made available to such private customers. The materials on the Website are intended for use by authorised users only and may not be published, copied or distributed to any other person.
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(i) for personal injury arising from negligence;
(ii) for fraud, gross negligence or wilful default; or
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The Finnish courts will have exclusive jurisdiction to settle any disputes which may arise in connection with these Terms and Conditions.
The parent company of the Elenia Group, Elenia Oy, has agreed to sell its district heating business, Elenia Lämpö Oy (Elenia Heat), to SL Capital Infrastructure II SCSP, DIF Infrastructure V Coöperatief U.A. and LPPI Infrastructure Investments LP.
Smart grid to reform as part of the core of climate solutions
Responsibility is the foundation of Elenia’s operations. The first sustainability report concerning the network and customer service operations of Elenia, describes the results and objectives of our development work.
The shareholder of Elenia Finance Oyj, Elenia Oy, has informed Elenia Finance Oyj that it has commenced a strategic review of its interests in Elenia Lämpö Oy and its associated subsidiary. There is no certainty as to the decisions which may ultimately be made on conclusion of this strategic review.
Elenia’s continued investments into weather-proof network reduce customers´ outages and storm related costs significantly. The increased underground cabling rate was reflected in reduced number of outages caused by Storm Aapeli. Without increased underground cabling, we estimate that the number of customers affected could have been triple. Consequently also the costs have been significantly lower.
Elenia continues the long-term investment programme and this year company´s planned network investments exceed EUR 145 million. The investments are made in all operational areas of Elenia including Häme, Pirkanmaa, Central Finland as well as Southern and Northern Ostrobothnia. Last year company’s investments in security of supply exceeded EUR 140 million.
Elenia Lämpö Oy, the heating company of the Elenia group, operates the Vanaja power plant in Hämeenlinna. The Regional State Administrative Agency (AVI) issued an environmental permit on 16 November 2015 where it considers that the K4 boiler at the Vanaja plant does not fall under the relevant exception for emission limits of the so-called ‘old existing’ district heating plants under the Finnish Decree on environmental requirements for large energy generation units (936/2014) which entered into force on 20 November 2014 and which is applied to existing combustion plants as from 1 January 2016.
Elenia has agreed a loan of EUR 150 million with the European Investment Bank (EIB). Elenia’s long-term investment plan emphasises the importance of building underground electricity network and replacing overhead lines to secure uninterrupted availability of electricity.
Elenia Lämpö has made the decision to invest in the renewal of the Vanaja power plant in Hämeenlinna and an important part of the investment is the purchase of a new biofuel-fired boiler. The goal is for the new boiler to be operational in 2020. As a result, the share of renewable fuels in Elenia Lämpö’s production of district heating in Hämeenlinna will be clearly over 80%. The boiler will be delivered by Valmet Technologies, Inc.
Last summer, Elenia participated in the Global Real Estate Sustainability Benchmark (GRESB) assessment, or GRESB Infrastructure Assessment, for the first time. Elenia scored the full five stars in the assessment. All of Elenia’s operations were included in the assessment.