Business year 2014
BUSINESS YEAR
The Group’s turnover totalled EUR 819 million, down by EUR 58 million year on year.
The Group’s operating profit stood at EUR 219 million (EUR 239 million), accounting for 27% of turnover.
Net turnover, Helen Group
Net turnover € 819 million
| % | |
|---|---|
| Electricity sale, total |
39 |
| Other returns | 8 |
| District heating | 40 |
| Electricity transmission sale |
13 |
RESEARCH AND DEVELOPMENT
Significant investment was made in the development of operational readiness of pellets. Other key product development projects during the year included the development of demand-side management in electricity, home remote control service in Kalasatama, the Suvilahti solar power plant and the heat solutions for the Sakarinmäki school. The service development for electric traffic was carried out in partnership with Liikennevirta Oy.
Distribution of R&D costs
| % | |
|---|---|
| Climate and environment (new solutions) |
6 |
| Decreasing current production emissions |
44 |
| End customer products |
5 |
| Processes | 16 |
| New business | 21 |
| Managing assets |
5 |
DISTRICT HEAT AND DISTRICT COOLING
The amount of district heat production fell as a result of the warmer than average temperatures during the year. Production amounted to approx. 6,900 GWh, about one per cent down on the previous year. The overall price of district heat in Helsinki remained over 20 per cent lower than the average price in the country.
In district cooling, the number of customers rose by 10% and the sales amounted to 132 GWh. At the end of the year, the total number of properties connected to district cooling was 280.
We produced a record amount of renewable district heat, a total of 90,500 MWh, which is 24% more than in the previous year.
Average price of district heat
€/MWh
| Incl. tax | Tax-free | |
|---|---|---|
| 2010 | 47.3 | 38.6 |
| 2011 | 58.9 | 48.0 |
| 2012 | 62.6 | 50.9 |
| 2013 | 64.2 | 51.8 |
| 2014 | 62.1 | 50.1 |
District heat sales
GWh
| Sales adjusted by outside temperature | Sales | |
|---|---|---|
| 2010 | 7046 | 7476 |
| 2011 | 7034 | 6441 |
| 2012 | 6985 | 6763 |
| 2013 | 6912 | 6449 |
| 2014 | 6966 | 6377 |
District heat customers 1970-2014
The amount of customers
| Customers | |
| v. 1970 | 1682 |
| v. 1980 |
4954 |
| v. 1990 |
9022 |
| v. 2014 |
14851 |
District heat connection power
MW
| MW | |
|---|---|
| v. 1970 | 627 |
| v. 1980 | 1736 |
| v. 1990 | 2375 |
| v. 2014 | 3324 |
ELECTRICITY SALES
In electricity retail sales, we made a good result with competitive prices.
The sale prices of electricity products were reduced from the beginning of June in accordance with the price trend of the electricity market.
The electricity sale price, including tax, for a typical apartment (annual consumption 2,000 kWh) as annual average.
Consumer prices of electricity
| Finland | Helen | |
|---|---|---|
| 2010 | 8.18 | 7.43 |
| 2011 | 9.05 | 8.59 |
| 2012 | 8.74 | 8.27 |
| 2013 | 8.81 | 8.37 |
| 2014 | 8.48 | 7.97 |
ELECTRICITY DISTRIBUTION
In the distribution area of Helen Sähköverkko Oy, electricity consumption was at its highest on the afternoon of Friday, 14 January 2014, when 817 MWh of electricity was consumed in just one hour.
Electricity transmission sale devided by voltage level
| % | |
|---|---|
| 10 ja 20 kV | 38.9 |
| 110 kV | 5.7 |
| 0,4 kV | 55.4 |
Consumption of electricity in Helsinki
| Consumption, GWh | |
|---|---|
| 2010 | 4730 |
| 2011 | 4590 |
| 2012 | 4649 |
| 2013 | 4540 |
| 2014 | 4520 |
In 2014, electricity consumption in Helsinki totalled 4,520 GWh, which is 0.5 per cent less than in 2013.
Reliability of electricity distribution
| The annual interruption duration per client, minutes | |
|---|---|
| 2010 | 13.0 |
| 2011 | 5.5 |
| 2012 | 2.2 |
| 2013 | 3.4 |
| 2014 | 2.4 |
Security of electricity supply in Helsinki had an excellent result for the third year running. This means that the average outage frequency for an electricity user in Helsinki was one half-hour power cut in 12 years.
ENERGY PRODUCTION
Total electricity procurement fell by about 3% on the previous year. A total of 7,010 GWh of electricity was procured from power plants in Helsinki and through power assets and purchases.
The share of emission-free production forms in total electricity procurement increased. Hydropower, nuclear power and wind power accounted for approx. 33% of total procurement. The share of hydropower rose to 11% in 2014.
Electricity supply for wholesale
| Energiamuoto | % |
|---|---|
| Coal | 21 |
| Nuclear power | 20 |
| Renewables | 11 |
| Natural gas | 45 |
CHP production of District Heat at the power plants in Helsinki
Total 5 865 GWh
| % | |
|---|---|
| CHP production |
90 |
| Separate production |
10 |
Ninety-one per cent of district heat was produced in energy-efficient cogeneration in the Hanasaari, Salmisaari and Vuosaari power plants and in the Katri Vala heating and cooling plant.
CHP production of electricity at the power plants in Helsinki
Total 4 623 GWh
| % | |
|---|---|
| CHP production |
99 |
| Separate production |
1 |
Our power plants in Helsinki produced 67% of the electricity, with the share of combined heat and power generation in the Helsinki power plants being 99%.
Origin of district heat
| Energiamuoto | % |
|---|---|
| Oil | 2 |
| Natural gas | 48 |
| Heat pumps | 5 |
| Coal | 45 |
District heat procurement totalled 6,900 GWh, about one per cent down on the previous year.
Natural gas was still the most commonly used source of energy.
Origin of district cooling
| Energiamuoto | % |
|---|---|
|
Absorbtion |
24 |
| Sea water | 17 |
|
Heat pumps |
59 |
District cooling production continued to rise in 2014, amounting to 130 GWh, 12 per cent more than the year before.
The 2013 distribution is presented in the graph. The data for 2014 will be updated in July 2015.