Aurora’s electricity network investments play a key role in supporting Outokumpu’s operations
Overview
The partnership between Aurora and Outokumpu began in 2013 when Outokumpu transferred the electricity networks of its Tornio stainless steel and ferrochrome production facilities to Aurora. By outsourcing its electricity networks to Aurora, Outokumpu ensured the reliability and timely execution of network investments, gained specialized expertise required for operating industrial electricity networks, and freed up capital and resources, enabling Outokumpu to focus on its core business.
Outokumpu became Aurora’s first customer, marking the beginning of Aurora’s journey as a specialist in industrial electricity networks.
Services
Improving the reliability and continuous development of Outokumpu’s electricity network, covering everything from routine maintenance and periodic inspections to major investment projects. Our key services include:
- Financing for network replacement and expansion investments.
- Network operation and modernization: Comprehensive routine maintenance, periodic inspections, and large-scale investment projects. Advising on energy- efficient solutions and providing tailored infrastructure to specific needs.
- Network availability: Over 99.99% uptime ensured through continuous development efforts.
- Energy expertise: Proactive investment proposals and development of efficient energy solutions.
- 24/7 fault response: Continuous monitoring and fast response times for critical electricity network infrastructure.
Outcome
The collaboration has delivered significant benefits for Outokumpu, including:
- Capital optimization: Outsourcing the electricity network has freed up resources, enabling Outokumpu to focus its investments on core business operations.
- High network reliability: Ensured over 99.99% uptime to support uninterrupted industrial operations.
- Energy efficiency and sustainability: Goals incorporated as part of Aurora’s investment criteria. Replacing and upgrading aging equipment has often improved electricity distribution capacity.
- Timely investments: Investment programs aligned with current customer needs.
- Close collaboration: Aurora’s expert team works daily with Outokumpu personnel to ensure smooth operations and seamless cooperation.
Aurora & Outokumpu partnership continuing strong after 11 years
2013
Dec 2013
The electricity network partnership begins
Outokumpu sold the electricity networks and related services of its Tornio stainless steel and ferrochrome production facilities to Aurora.
Outokumpu became Aurora’s first customer, laying the foundation for Aurora’s electricity network partnership.
Through collaboration, Outokumpu ensured sufficient network investment levels and secured the specialized expertise needed to operate electricity networks in a demanding industrial environment.
The arrangement released capital tied to the electricity network and enabled Outokumpu to focus on its core business.
2016
2016
Significant equipment upgrades and investments, including
Medium-voltage switchgear
Furnace transformers
Replacement of compensators to improve energy efficiency
2020
2020
Significant network upgrades
Aurora initiated a major investment to expand the power feed system, strengthening the network’s reliability and capacity.
Additionally, improvement investments were made in transformers and substations.
2024
by 2024
Improvements achieved through the partnership
Annual electricity transmission of 3 TWh, representing 9% of Finland’s industrial electricity consumption.
Over 99.99% network availability.
A secure and modern ICT environment.
Enabled Outokumpu to focus on its core business and allocate capital to more productive business areas.
Investments in modernizing the network with continuous improvements to meet future needs.
Enhanced lifecycle management of electrical components in demanding conditions, considering sustainability aspects.
2025
2025 and forward
Electrifying Outokumpu’s green transition
Supporting Outokumpu’s CO2 reduction and green transition goals.
Continuing investments in modernizing and upgrading electricity grids.
Ensuring network availability for years to come.
Enhancing energy efficiency through replacement and expansion investments utilizing the latest technology.