Closer cooperation between Suur-Savon Sähkö and the University of Helsinki Ruralia Institute

The Ruralia Institute will calculate the impact of the Suur-Savon Sähkö electric utility company on the regional economy.

The Ruralia Institute determines regional economic impacts using the computable general equilibrium model known as RegFin, which has been successfully utilised for several years. The model helps to identify both the direct and indirect impact of the Suur-Savon Sähkö Group.

“In research terms, the assessment of the impact of Suur-Savon Sähkö on the regional economy demonstrates the broader economic impact of commercially justified solutions. The research will be conducted at the interface between economics and business economics and will produce information on, for example, the overall economic impact of business development. The sustainability transformation also requires that companies change their business models. The research will provide an example of the ways in which overall economic models can be used to analyse the regional impact of such changes,” says Professor Sami Kurki of the Ruralia Institute in response to a question on the significance and objectives of the research as well as its position in the broader research field.

The research results will be published in March 2022 in the Ruralia Institute’s report series.

The research now being launched will further increase cooperation between Suur-Savon Sähkö and the University of Helsinki Ruralia Institute concerning the impact of the former on the regional economy. Another study currently in progress is a long-term research project on the development of multi-local living in the Finnish Lakeland. This study focuses on merging information on energy consumption with other information on multi-locality.