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The planning of the City Refinery, a joint venture by Helen, Lassila & Tikanoja and VTT, is making progress. The Ministry of Economic Affairs and Employment (MEAE) has granted energy aid to Helen for the City Refinery project where renewable raw materials can be processed from non-recyclable materials and utilised in the transport and materials sectors. The City Refinery is planned for Vuosaari.
Helen will close down the energy production use of the Vanhankaupunginkoski power plant museum. The museum power plant has no national significance in terms of energy production: however, the plant and especially the dam in the Vanhankaupunginkoski Rapids have harmful impacts on the ecosystem and migrating fish stocks in the river.
Helen’s good profit trend, strong balance sheet and financial position enable development and growth of solutions for a new energy era.
Helen, Lassila & Tikanoja and VTT are pursuing a circular economy in their use of materials and energy. The City Refinery aims to process difficult-to-recycle materials and biomass into high-grade products. This will boost the efficiency of recycling of materials in Helsinki. The City Refinery is a critical step towards mitigating climate change and shifting society from a throwaway mindset to a circular one.
Helen will build a heat pump in connection with the Vuosaari power plant, utilising the power plant’s own cooling water circulation and the heat of sea water as heat sources. A heat pump of this scale utilising the heat of the sea water is unique in Finland.
One of Helsinki's largest solar power plants is being built on the roof of Messukeskus Expo and Convention Centre, and the panels are now available to rent as Helen's designated panels.
Helen is offering a new service for residential apartment blocks that are heated with district heat. The service enables improved energy efficiency and, consequently, reduced environmental impacts caused by heating. The service is a significant step towards more energy-efficient living.
Helen’s Hanasaari power plant will be closed by the end of 2024. Heat production will be replaced with heat recycling with heat pumps, energy storage, and a bioenergy heating plant planned for Vuosaari.
A housing company in Jätkäsaari invested in the future and commissioned Helen to build 12 electric vehicle charging points in the property’s indoor car park.
The German energy company E.ON is joining forces with the Finnish company Liikennevirta.