Fortum’s Meri-Pori power plant selected for peak-load reserve capacity system for the period 1 July 2020 – 30 June 2022

FORTUM CORPORATION WEB NEWS 13 December 2019

Fortum´s Meri-Pori coal-fired power plant in Western Finland has been selected for 440 megawatts of production capacity for the national peak-load reserve capacity system, based on the competitive bidding organised by the Energy Authority.

“The selection of the Meri-Pori power plant for the Energy Authority’s peak-load reserve capacity system means that Fortum’s last coal-fired power plant producing electricity will be removed from the Finnish commercial grid at least for the duration of the next peak-load reserve capacity agreement period,” says Vesa Maso, Head of Thermal at Fortum.

The plant is owned by Fortum Power and Heat Oy. Its capacity (565 MW) has been divided by an agreement between Fortum and TVO into independently governed parts. In summer 2018, the companies agreed on a share transaction whereby TVO’s capacity share (257 MW) will be transferred to Fortum at the conclusion of the current peak-load reserve capacity agreement at the end of June 2020.

In 2017, Fortum’s 308-megawatt share of the Meri-Pori power plant was selected for peak-load reserve capacity system from July 2017 to the end of June 2020 in the competitive bidding organised by the Energy Authority. TVO’s share of production has remained in market-based use. In recent years, the coal-fired power plant has been used mainly during peak demand for electricity.

The Meri-Pori power plant started electricity production in Tahkoluoto, Pori, in 1994. The environmental technology acquired for the plant was at the time the most advanced in the world. The plant was equipped with a catalytic denitrification plant and state-of-the-art combustion technology to remove 80% of the nitrogen oxides from flue gases. The scrubber of the power plant’s desulphurisation plant recovers close to 90 per cent of the sulphur dioxides and the electric filters close to 100 per cent of the flue-gas particles.

When the Meri-Pori coal-fired power plant was completed, it was the second largest in Finland, after Fortum’s Inkoo coal-fired power plant, which was the biggest in the Nordic countries and is currently in the process of being dismantled.

Further information: Vesa Maso, Head of Thermal at Fortum, tel. +358 40 8307859

Fortum Corporation
Group Communications

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FortumFortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2019, our sales were EUR 5.4 billion and 59% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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