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Vaskiluodon Voima Oy produces electricity and district heating at two separate power plants. One is located on the island of Vaskiluoto in Vaasa and the other by Lake Kyrkösjärvi in Seinäjoki. Together these power plants produce approximately 2% of the whole country`s electricity demand per year. The district heating covers more than 60% of the demand in Vaasa. As its fuel, Vaskiluodon Voima uses domestic wood biomass, energy peat and coal. The company has also adopted globally innovative technologies that allow it to substitute coal with biomass. Both the power plants have also achieved lower flue gas emissions than the current limits set for them, which are valid until 2020. Vaskiluodon Voima is owned in equal shares by EPV Energia Oy and Pohjolan Voima Oy. The company produces electricity at cost price for its shareholders according to the Mankala Principle.