Stora Enso

The Scandinavian paper maker has found that having its own generation assets can be an effective hedge against rising and volatile power prices

Stora Enso, an integrated paper, packaging and forest products company is the world's largest producer of paper. With 44,000 employees globally, it runs 29 paper mills, 25 packaging board mills, 24 sawmills and four pulp mills. The mills are spread across the main centers of production in Finland, Sweden, Germany and the US, with an annual production capacity of 16.5 million tonnes of paper and board and 7.4 million cubic metres of sawn wood products. They consumed 24 terawatt hours (TWh) of