Kotkan energia

What Kotkan energia does

Kotkan Energia Oy is a municipally-owned Finnish energy group headquartered in Kotka, 100% owned by the City of Kotka. Founded in 1993, the company operates an integrated portfolio of energy services built around a district heating network that has been in operation since 1968. Its core technology stack includes a combined heat and power plant (Hovinsaari), the Hyötyvoimalaitos waste-to-energy plant (~100,000 tonnes/year), Karhula bio-heating center, three 2.35 MW wind turbines at Mussalo (~24 GWh/year), an industrial-scale heat pump at Kotkamills for waste-heat recovery, and multiple backup heating substations. The group comprises four entities: the parent Kotkan Energia Oy plus three wholly-owned subsidiaries, KotkaGas Oy (natural gas/LNG), KotkaTec Oy (S1-certified electrical contracting and services), and Kotkan Energiaverkot Oy (closed industrial electricity distribution in Karhula).

Kotkan Energia's revenue mechanics combine subscription-based district heating (Maltti, Toivo, Huippuenergia, Hukka product tiers with energy and power fees plus one-time connection fees), regulated electricity network services, transaction-fee waste-to-energy processing, usage-based EV charging, and professional electrical services. Go-to-market is sales-led with named account managers and sales engineers handling district heating, natural gas, and electrical services, complemented by a self-service Oma Online customer portal and 11-location KotkaCharge EV network operated via Liikennevirta/Virta. Customer segments span residential households and housing cooperatives, industrial and manufacturing customers (notably Kotkamills, Ahlstrom Glasfibre), regional waste management companies (Kaakkois-Suomen Hankintarengas consortium), and EV drivers in the Kotka region. The company targets 100% carbon-neutral district heating production by 2030, with Hukka waste-heat recovery and renewable-fuel combustion as the primary decarbonization levers; ~60% of own energy production is currently from renewable fuels and 18% of district heating is sourced from waste heat.

Name

Kotkan energia

Legal name

Kotkan Energia Oy

Website

https://kotkanenergia.fi

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Kotkan Energia is a municipally-owned Finnish energy group in Kotka providing district heating, natural gas, waste-to-energy, industrial steam, electricity network services, and EV charging to residential, industrial, and commercial customers across the Kotka region.

Ownership category

akta.pro rank

Product category

District Heating & Energy Services

NAICS

Steam and Air-Conditioning Supply (22133), Electric Power Generation (22111), Utilities (22)

SIC

Cogeneration Services & Small Power Producers (4991), Electric, Gas & Sanitary Services (4900), Steam & Air-Conditioning Supply (4961)

akta.pro primary industry

District Energy & Community CHP (District Heating/Cooling Networks) (EUACAKAH)

Keywords

• District heating services
• Natural gas supply
• Waste-to-energy processing
• Industrial steam supply
• EV charging infrastructure

Headquarters

HQ city

Kotka

HQ country

Finland

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. District Heating (Kaukolämpö): Primary revenue stream. Kotkan Energia is the leading district heating provider in the Kotka region, with first deliveries starting in 1968. District heating products include Maltti (traditional pricing), Toivo (100% renewable), Huippuenergia (peak pricing), and Hukka (waste heat recovery). Revenue is generated through energy fees, base fees, and connection fees.
2. Industrial Steam (Höyry): Steam delivery to local industries as a key product offering. Kotkan Energia supplies industrial steam produced from the Hyötyvoimalaitos (waste-to-energy plant) and other facilities.
3. Natural Gas / LNG (Maakaasu): KotkaGas Oy delivers natural gas to customers across Finland via various import points. LNG is transported by ship to KotkaGas Oy's import points and further distributed. Revenue is based on gas volume consumed. Gas sales opened to competition on 1 January 2020.
4. Industrial Electricity Network Services (Teollisuuden sähköverkkopalvelut): Kotkan Energiaverkot Oy operates a closed electricity distribution network serving Karhulan industrial park and Korkeakoski. This is a regulated monopoly activity.
5. Electrical Services (KotkaTec Oy): KotkaTec provides comprehensive electrical services for industry including electrical contracting, operation management services, relay testing, thermal imaging, fiber optic network construction, electrical condition surveys, power quality measurements, and electrical monitoring services. Certified S1 (over 1000V) contractor.
6. EV Charging Services (Sähköautojen latauspalvelut): KotkaCharge provides public and private EV charging solutions. Services include charging point surveys, design, and installation for residential buildings, housing cooperatives, and workplaces. Survey pricing from 495 EUR incl. VAT.
7. Waste-to-Energy Services (Jätteiden energiahyötykäyttö): Hyötyvoimalaitos processes approximately 100,000 tonnes of waste per year. Services are sold to waste companies and industry. Main customer is Kaakkois-Suomen Hankintarengas comprising regional waste companies. Revenue from waste processing fees.
8. Additional District Heating Services: Additional services including 24h emergency service, annual maintenance of district heating equipment, property heating system inspections, heat distribution center replacement, outdoor area de-icing for businesses and housing cooperatives.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels9 records

Core offering

Kotkan Energia is a municipally-owned energy group that produces and supplies district heating, industrial steam, and natural gas to residential, commercial, and industrial customers in the Kotka region and across Finland. It also operates a waste-to-energy plant, EV charging network, and provides industrial electrical services and a closed electricity distribution network through its three subsidiaries (KotkaGas, KotkaTec, Kotkan Energiaverkot).

Product overview

Kotkan Energia is a municipal energy company offering an integrated portfolio of energy products and services. The core offering is district heating (kaukolämpö), supplemented by natural gas, steam, electricity services, EV charging, and waste-to-energy solutions. The company operates through subsidiaries: KotkaGas (natural gas), KotkaTec (electrical services), and Kotkan Energiaverkot (electricity grid). District heating products are differentiated through branded tiers including Toivo (100% renewable), Maltti (traditional pricing), and Huippuenergia (peak pricing), with add-on services like Smartikle (smart heating), IISI-lämpö (connection service), and Hukka (waste heat recovery). The company serves residential, commercial, and industrial customers across the Kotka region and broader Finland.

Differentiator

Problem solved

Functional benefit

Brands

• Hukka: A district heating product utilizing industrial waste heat recovered from treated wastewater and cooling water from factory processes.
• IISI-lampo
• Smartikle
• Toivo
• Maltti
• KotkaCharge
• Kotkan Energia Areena

Products and services

• District Heating (Kaukolämpö) Primary product: centrally produced heat distributed through an underground pipe network to residential, commercial, and industrial buildings across the Kotka region. First deliveries began in 1968. Available as product tiers Toivo (100% renewable), Maltti (traditional pricing), and Huippuenergia (peak pricing). Revenue from energy fees, base fees, and connection fees.
• Natural Gas / LNG (Maakaasu) Natural gas and LNG supply service delivered across Finland via subsidiary KotkaGas Oy. LNG is transported by ship to KotkaGas import points and distributed to customers. Gas sales opened to competition in January 2020. Customers include industrial and commercial users across Finland.
• Industrial Steam (Höyry) Steam supply for industrial customers in the Kotka region, produced alongside district heating and electricity in combined heat and power production. Key customer Ahlstrom Glasfibre has 8 MW connection capacity since 2003.
• Waste-to-Energy Services (Jätteiden energiahyötykäyttö) Waste processing service at the Hyötyvoimalaitos (Waste-to-Energy Plant) in Mussalo, which processes approximately 100,000 tonnes of waste annually to produce district heating, electricity, and industrial steam. Main customer is Kaakkois-Suomen Hankintarengas consortium of regional waste management companies.
• KotkaTec Electrical Services Comprehensive industrial electrical services via subsidiary KotkaTec Oy. Certified S1 (over 1000V) contractor. Services include electrical contracting, operation management, relay testing, thermal imaging, fiber optic network construction, electrical condition surveys, power quality measurements, and electrical monitoring. Served by Service Manager Arto Yl\u00e4-Outinen.
• Industrial Electricity Network Services (Teollisuuden sähköverkkopalvelut) Regulated closed electricity distribution network operated by subsidiary Kotkan Energiaverkot Oy, serving the Karhula industrial park and Korkeakoski. Includes electricity transmission and fiber network services.
• KotkaCharge EV Charging Services Public and private EV charging solutions. Public charging network covers 11 locations across Kotka region (Höyrypanimo, Toriparkki/Pasaati, Sibeliuspuisto, Sapokka, Merikeskus Vellamo, Mussalon satama, Kymen Golf, Kotka Mix, Eagle-talo, Karhulan tori, Datariina). Operated by Liikennevirta Oy via Virta platform. Services include charging point surveys, design, and installation for housing cooperatives and workplaces. Survey pricing from EUR 495 incl. VAT.
• Toivo - 100% Renewable District Heating Product District heating product produced entirely from renewable sources (wood and bio-based waste) in Kotkan Energia's own power plants and heating centers. Available for residential buildings. Energy fee: EUR 84.06/MWh (incl. VAT 25.5%), power fee: EUR 66.98/MWh (excl. VAT). Annual billing.
• Maltti - Traditional District Heating Product Default traditional pricing district heating product. Energy fee: EUR 83.29/MWh (incl. VAT 25.5%), power fee: EUR 66.37/MWh (excl. VAT). Annual billing.
• Huippuenergia - Peak Pricing District Heating Product Peak district heating product valid during peak demand, typically in very cold weather. Energy fee: EUR 118.23/MWh (incl. VAT 25.5%), power fee: EUR 94.21/MWh (excl. VAT).
• Hukka - Waste Heat Recovery District Heating Product District heating product that recovers low-grade waste heat from industrial processes (treated wastewater and cooling water). A heat pump plant at the Kotkamills factory area raises temperature to ~80\u00b0C for integration into the district heating network. Represents 18% of Kotkan Energia's district heating production. The electricity used by the heat pumps is renewable (wind power).
• Smartikle - Smart District Heating Service Intelligent remote control and optimization system for building heating. Adjusts room temperature based on weather conditions. Monthly fee based on building size. 24/7 remote monitoring. Can deliver 5-10% energy cost savings.
• IISI-lämpö - Turnkey District Heating Conversion Effortless and cost-effective way to switch to district heating or upgrade old heat distribution centers without major capital investment. Fixed-price 10-year contract includes new equipment, installation, maintenance, spare parts, and repairs. Available for detached houses and housing cooperatives.
• District Heating Additional Services (Kaukolämmön lisäpalvelut) Bundle of additional district heating services including 24h emergency service, annual maintenance of district heating equipment, property heating system inspection, heat distribution center replacement, and outdoor area de-icing (snow melting) for businesses and housing cooperatives.

Quantifiable outcome

• ~100,000 tonnes of waste processed per year at Hyötyvoimalaitos
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature10 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Kotkamills Oy (MM Kotkamills Oy)coreStrategic or Co-development PartnerIndustrial symbiosis partnership where Kotkamills provides low-grade waste heat from its factory processes (treated wastewater and cooling water). Kotkan Energia built a heat pump plant at the Kotkamills factory area to capture this waste heat, raising the temperature to ~80°C for district heating network integration. The electricity consumed by the heat pumps is renewable (wind power). This partnership enables the Hukka district heating product and is a key component of Kotkan Energia's path to carbon neutrality by 2030.
• Kaakkois-Suomen Hankintarengas (Kymenlaakson Jäte Oy, Salpakierto Oy, Metsäsairila Oy, Rosk'n Roll Oy)coreOthersKaakkois-Suomen Hankintarengas is the most significant customer for the waste-to-energy service. The consortium of regional waste companies delivers source-sorted municipal solid waste to Hyötyvoimalaitos for energy recovery (district heating, electricity, and industrial steam). This is the primary waste supply relationship for the 100,000 tonnes/year waste processing facility.
• Liikennevirta OycoreTechnology or IntegrationLiikennevirta Oy operates the KotkaCharge EV charging system on behalf of Kotkan Energia. Liikennevirta provides the operational platform and infrastructure management for the public and private EV charging network.
• Virta (Virta-aplikaatio)coreTechnology or IntegrationVirta is the charging platform/app used by all KotkaCharge charging points. EV drivers access charging services through the Virta customer account and app.
• Titaanit (Ice Hockey Club)minorGTM or Marketing PartnerMulti-year sponsorship partnership with Titaanit ice hockey team (Suomi-sarja). Includes Kotkan Energia Areena naming rights for the competitive ice hockey arena, logo placement on arena roof, pitch-side advertisements, and ice surface branding. Partnership focuses on representation sports and youth employment opportunities. Includes joint events promoting diversity, equality, and social responsibility.
• FC KTP (Football Club)minorGTM or Marketing PartnerSponsorship of FC KTP football team competing in Ykkösliiga and Kansallinen Ykkönen.
• KTP Basket (Basketball Club)minorGTM or Marketing PartnerSponsorship of KTP Basket competing in Korisliiga. Includes sponsor player (godfather/godmother) program - Jesper Granlund for 2025-26 season.
• Peli-Karhut (Women's Basketball Club)minorGTM or Marketing PartnerSponsorship of Peli-Karhut women's basketball team in Korisliiga. Includes sponsor player program - Tilda Vekkilä for 2025-26 season.
• Kotkan kaupunki (City of Kotka)coreOthersKotkan kaupunki omistaa Kotkan Energia Oy:n kaikki 4500 osaketta. The city is the sole owner. Additional cooperation includes infrastructure projects (e.g., matonpesupaikka mattojen pesuun), street work coordination, and general city planning alignment. The city also benefits from district heating service availability and Kotkan Energia's sponsorship of local sports teams.
• Peab Industri OyminorStrategic or Co-development PartnerPeab Industri Oy handled asphalt work for the Karhuvuori-Mussalo district heating pipeline project (3.5 km). Completed temporary asphalt for winter maintenance on a wide section, followed by final asphalt work.
• STUL (Suomen sähkö- ja teleurakoitsijaliitto) / STTA (Sähkötekniset työnantajat)minorOthersKotkaTec is a member of STUL (Finnish Electrical and Telecom Contractors Association) and STTA (Electrical Employers). Also registered Tukes S1 (over 1000V) contractor.

Scale indicators10 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Pori Energia: Regional Finnish municipal energy company providing district heating, electricity, and waste-to-energy services — comparable mid-sized peer with similar service portfolio.
• Tampereen Energia: Municipally-owned Finnish district heating and CHP utility serving the Tampere region with multi-fuel generation (waste, bio, natural gas) and a 2030 carbon-neutral roadmap — closely comparable mid-sized Finnish peer.
• Turku Energia: Municipal district heating and electricity group in Turku, operating CHP and waste-to-energy assets, and serving comparable residential, commercial, and industrial customer segments.
• Lahti Energia: Finnish municipal energy group (City of Lahti) providing district heating, CHP, and waste-to-energy services, and a comparable regional player targeting renewable transition.
• Adven Oy: Nordic decentralized energy and district heating operator with industrial energy, heat production, and biomass/waste-fueled plants across Finland — directly comparable in industrial steam and distributed heat offerings.
• KSS Energia: Finnish energy group that acquired the Karhu Voima joint service company from Kotkan Energia in 2020; operates district heating and electricity services in the Kymenlaakso region and is a direct regional peer.
• Vantaan Energia: Municipally-owned Finnish district heating utility operating the Martinlaakso and Vantaa CHP plants, including major waste-to-energy capacity, with a similar decarbonization roadmap.

Regional players

• Haminan Energia: Neighboring municipal energy utility serving the Hamina area with district heating and electricity — comparable in scale and governance, and a historical co-owner of the Karhu Voima JV with Kotkan Energia.

Broad incumbents

• Fortum Oyj: Major Nordic energy group with district heating, CHP, and waste-to-energy operations across Finland and the Baltics, including a strong push toward carbon-neutral district heating — a broad incumbent that competes for industrial steam and heat customers.
• Helen Oy (formerly Helsingin Energia): Finnish municipal energy company (City of Helsinki) operating the largest district heating network in the Nordics, with CHP, waste-to-energy, and increasingly renewable heat — directly comparable business model to Kotkan Energia at much larger scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/kotkanenergia
• LinkedInlinkedin.com/company/kotkanenergia
• Instagraminstagram.com/kotkanenergia/?hl=fi

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kotkan energia