In addition to profitability, local acceptability is a key starting point The power of the North For the pumped power plant planned for Kemijärvi, said the CEO of Pohjola voima Ilkka Tykkyläinen Directly from Kauppalehti In the Talousamau program on Monday.
Kemijärvi city council accepted at the beginning of February, a decision in principle, which practically prohibits pumped power plants in the city area.
“The city council made a political decision, but the environmental impact assessments are still going on, and of course we are working together with the city to find out all the facts on which to draw conclusions,” Tykkyläinen said.
So you haven’t thrown your gloves on the counter yet?
“Actually, we want the facts on the table. And local acceptability is very important to us and a key starting point for the project, in addition to profitability,” Tykkyläinen said.
He highlighted the contradiction between the power plant and allowing price fluctuations. A pumped power station would enable the storage of electricity, which in turn could bring flexibility to the electricity system.
“We are thinking about a flexible solution based on market conditions. After all, there is a certain dilemma in that,” Tykkyläinen said.
The pumped power plant project is currently underway in progress environmental impact assessment, which is scheduled to be completed by the end of the year.
“Then we will know more about what the future of the project is in general,” Tykkyläinen said.
Voimala’s rough cost estimate has been told to be around 700 million euros.
Monday’s Talousamun plot Jussi Rosendahl.
We apologize for the technical problems with the broadcast.
On Monday’s broadcast, Nordea’s chief strategist Antti Saare discussed the market effects of customs decisions and Nvidia’s result, and Pohjola voima’s CEO Ilkka Tykkyläinen talked about the electricity market. You can watch Talousaamu in its entirety below.