UPM Energy plans to invest over EUR 20 million to modernize the Tyrvää hydropower plant in Finland’s Pirkanmaa region, with completion targeted by 2030. The upgrades aim to extend operational life, improve grid balancing capability, and reduce environmental risks as renewable energy penetration increases.
UPM Energy has announced an investment exceeding EUR 20 million to overhaul the Tyrvää hydropower facility located in Finland’s Pirkanmaa region. According to an official statement, the multi-year modernization program is scheduled to conclude by the end of 2030 and is designed to extend the plant’s operational lifespan while strengthening its role in the national electricity system. The refurbishment will focus on the plant’s two turbine-generator units. Planned work includes installing new generator stators, refurbishing rotor components, and replacing existing turbine runners with water-lubricated systems to eliminate oil use and reduce environmental risk.
The project also involves deploying upgraded automation, digital control technologies, and advanced turbine controllers to enhance operational efficiency and maintenance planning. Hydropower plays a strategic role in stabilizing electricity networks that rely increasingly on weather-dependent renewable sources. By enabling rapid adjustments in power output, hydropower plants can offset fluctuations in wind and solar generation, supporting grid reliability and supply security. UPM Energy is the energy division of UPM-Kymmene Corporation, a Finland-based forest industry group that produces renewable electricity and participates in Nordic power markets.
The Tyrvää upgrade highlights growing investment across Europe in modernizing existing hydro infrastructure rather than building new dams, reflecting stricter environmental permitting and the need for flexible generation assets. For utilities and grid operators, improved balancing capacity from hydropower assets may help manage the expanding share of intermittent renewable generation. The project also signals continued capital allocation toward digitalization and environmental risk reduction in legacy power infrastructure across the Nordic energy sector.
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