Fortum is a Nordic energy company that provides electricity, gas, heat, and cooling to customers around the world, as well as smart solutions for more efficient resource use.

Fortum

Environmental Services

Fortum Recycling & Waste

Engineering Services

Fortum Turbine and Generator Services

Utilities

Fortum Heating & Cooling

Investment Management

Valkea

Fortum | 90,974 followers on LinkedIn. Our purpose is to power a world where people, businesses and nature thrive together.  | Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets.

Growth coach, board professional and investor. Partner (Good Ventures), VC in Residence (Hanken).

Torsti Tenhunen

Jukka Rauhanen

Juha Smolander

IT Manager at Fortum

Jouni Mäkelä

🌟 Join Fortum at Slush 2024! 🌟 We’re excited to be at Slush in Helsinki on November 20-21, connecting with founders, investors, and innovators who are passionate about shaping the future of energy. 🏆 Fortum Spark Innovation Challenge At the Fortum Side Event during Slush, we’ll announce the winner of our Innovation Challenge. We’re thrilled by the diverse, high-quality ideas we’ve received and the finalists are Ambidex, CuRen, Solstice Energy Storage, WaterTread Generator and Korall. Read more about our side event: https://lnkd.in/d84NBGXQ 🚀 Shape the Future of Energy with Us Join us and innovate for a thriving world! To learn more about why collaboration in innovation matters, read our story here: https://lnkd.in/dz3cJnK3 #Slush2024 #Innovation #FutureEnergy #Fortum #Collaboration #Sustainability Photo: Dustin Preick / Slush

First Lessons Learned from Nuclear Decommissioning in Finland💡 In Finland, our approach to nuclear power has always been characterized through responsible approach. This commitment extends to the decommissioning of our nuclear power plants, ensuring safe and efficient final disposal of radioactive waste. The FiR1 research reactor, commissioned in the early 1960s, served Finland for over 50 years in research, training, and medical treatment. In 2015, it was shut down, and from 2020 to 2024, it became a pioneer once again—this time in decommissioning. After executing project which took several years Antti Ketolainen , Director of Operating Plant and Waste Services, opens our lessons learned: ⭐ Comprehensive Planning: Extensive planning and licensing were crucial ⭐ Collaboration: Over 40 Fortum experts contributed to the project ⭐ Unique Project Scope: A rare project where the main contractor handled both dismantling and waste management ⭐ Future: Lessons learned will benefit future projects - also for customer use Finnish engineers made history with FiR1, and we are proud to have been part of its final chapter, gathering invaluable lessons for the future. Our expertise in nuclear waste management continues to support clients worldwide. Explore more learnings from the blog 👉🏻 https://lnkd.in/d55psz2V #nuclear #nuclearwaste #decommissioning

As we approach COP29 in Azerbaijan, the urgency of sustaining and accelerating climate action is more evident than ever. In his blog Kari Kankaanpää - our Director, Public Affairs and Climate Policy, explores three key areas that we believe can drive global climate efforts forward: ▶ Maintaining Momentum: Building on the predictability and decisions from COP28 to ensure business stability and climate progress. ▶ Expand Carbon Pricing: Operationalizing Article 6 of the Paris Agreement to unlock a global carbon market and support decarbonization. ▶ Increase Private Finance: Increasing private sector involvement and ensuring all net-zero technologies have fair access to financing. We look forward to following the outcomes closely, as they set the stage for future climate action that aligns with our commitment to a sustainable and resilient economy. Read more ⤵ #ClimateAction #COP29

Many of our customers choose to add the popular Green Choice-service to their electricity agreement. In addition to supporting the development of renewable electricity production, each customer also contributes to our support of several important environmental initiatives – ranging from rainforest protection to activities for a cleaner Baltic Sea – by purchasing the service. Thank you to all customers for your support and a big thank you to our partners for a great collaboration: Håll Sverige Rent to counteract littering. WaterAid to enable access to clean water to the world's most vulnerable communities. Rainforest Foundation Norway to protect the rainforest and its biodiversity. John Nurmisen Säätiö to protect marine nature and safeguard maritime culture. Luonnonperintösäätiö for the protection of Finland's wild forests. #greenchoice #renewableenergy

How do we make sure that the Nordics really become the future El Dorado of electrification? 🤔⚡ Energy-intensive industries in the Nordics represent a significant opportunity for decarbonisation, and the next wave of industrial investments will rely on clean energy. 🌱 We have what it takes: competitive electricity prices, readily available CO2-free energy, world-leading grid reliability as well as large and scalable industrial sites. But to seize these opportunities, we need to join our efforts and pave the way for new investments in the Nordics. 🤝 Fortum is committed to this cause, but decarbonisation is a joint effort; it requires collaboration. Therefore, our SVP, Corporate Customers Urs Pennanen calls all players to participate in true collaboration. One for all and all for one! 🙌 Read more about his thoughts on our ForTheDoers-blog: https://lnkd.in/dCJ5Gu3U

Fortum delivered a resilient performance in Q3 2024 amid seasonally low Nordic power prices. In the Generation segment, the achieved power price was lower than a year ago, but still at a good level supported by the versatile and competitive CO2-free fleet, successful hedging and a solid optimisation premium. Fortum has a very strong balance sheet with a very low leverage. Read more from our Q3 interim report:

Did you know that Energy utilities can partner to support each other and meet customer demand? At Fortum, we offer expertise in power trading and hedging with an extensive asset portfolio in the Nordics. Watch below how our collaboration and tailored bilateral agreements with Eesti Energia offer predictability and competitive pricing, supporting Eesti Energia to meet customer demand efficiently. #powertrading #partnership

Energiamessut ovat käynnissä! Tule tapaamaan meitä osastolle A531 😊🤝 Olemme mukana messuilla monissa puheenvuoroissa ja järjestämme osastollamme myös omia infoja, joita voit tulla vapaasti kuulemaan. Katso puheen­vuorot tästä 👉 https://lnkd.in/dfRGuRRS Asian­tun­ti­jamme ovat paikalla sähkö-, lämmitys- ja jäähdy­tys­rat­kai­sujen, turbiini- ja generaat­to­ri­pal­ve­lujen, ydinvoiman, tuuli- ja aurin­ko­voiman sekä vetylii­ke­toi­minnan osalta.⚡ #Energiamessut24 #Energia #KestäväTulevaisuus #Innovaatio

Idag anordnade Föreningen Sveriges Vatten- och vindkraftskommuner och regioner ett fullsatt riksdagsseminarium om lokala incitament med deltagare från bransch, SKR, kommunala representanter och riksdagsledamöter. Under dagen gick de även ut med en debattartikel i Dagens samhälle om ämnet, där Fortums rapport ”Tre förslag om stärkta incitament för lokal kraftproduktion” lyfts fram. Vi fick även möjligheten att lyfta fram våra förslag för stärkta incitament under dagens seminarium. Regeringens besked om ersättning till ny vindkraft är ett viktigt första steg. Nästa steg bör bli att kommunerna ska få mer ersättning och att all fossilfri kraftproduktion ska inkluderas.

Today, October 16th, we celebrate World Food Day. As part of Fortum's Corporate Social Responsibility (CSR) Programme, we are proud to announce a partnership with the United Nations World Food Programme (WFP). WFP brings life-saving relief in emergencies and uses food and cash assistance to build peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change. Last year alone, around 152 million people around the world received assistance from WFP. Food scarcity is increasing in the world and famine is imminent for millions of people in conflict areas like Sudan and Gaza. This is why we have chosen to support WFP's Immediate Response Account (IRA), enabling WFP to respond to emergencies within 24 hours. Contributions to the life-saving IRA have the highest degree of flexibility and are non–earmarked. This allows WFP to prioritise and distribute help as effectively as possible. Read more about Fortum's CSR Programme: https://lnkd.in/dwJ9wf_w #worldfoodday #WFP #CSR

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