Finland rss

TVEL offers modified fuel assemblies for Loviisa units

Uranium and Fuel

28 March 2018

Loviisa 48TVEL, Rosatom's nuclear fuel manufacturing subsidiary, has signed an agreement with Fortum Power and Heat Oy to supply modified nuclear fuel assemblies to be used at the Loviisa 1 and  2 VVER 440s in Finland. Rosatom said yesterday the agreement is in addition to TVEL's existing fuel supply contract with the Finnish utility.

IAEA reviews safety at Olkiluoto 3 ahead of start-up

Regulation and Safety

23 March 2018

Olkiluoto 3 - August 2016 - 48The operator of the first-of-a-kind EPR reactor nearing start-up in Finland has shown a commitment to safety, an expert team from the International Atomic Energy Agency (IAEA) has concluded. The team also identified areas for further enhancements as Teollisuuden Voima Oyj prepares to put Olkiluoto unit 3 online later this year.

Hot functional tests begin at Finnish EPR

New Nuclear

19 December 2017

Olkiluoto 3 - September 2016 - 48Finnish utility Teollisuuden Voima Oyj announced today that hot functional tests have started at the first-of-a-kind EPR unit at Olkiluoto. These key pre-operational tests ensure coolant circuits and nuclear safety systems are functioning properly before fuel is loaded.

IAEA sees safety commitment at Fortum's Loviisa plant

Regulation and Safety

26 March 2018

Loviisa 1 and 2 - 48The operator of the Loviisa nuclear power plant in Finland has demonstrated a strong commitment to safety, an expert team from the International Atomic Energy Agency has concluded. However, the mission made recommendations to Fortum to reinforce some safety measures.

Olkiluoto 3 EPR parties agree settlement

Corporate

12 March 2018

Olkiluoto 3 - September 2016 - 48Finnish utility Teollisuuden Voima Oyj has agreed a settlement with French Areva and German Siemens in the long-running dispute over cost overruns and delays to the Olkiluoto 3 EPR project. TVO said yesterday that Areva-Siemens will pay compensation of EUR450 million (USD553.73 million).

Terrafame to conduct experimental uranium extraction

Uranium and Fuel

18 December 2017

Finnish multi-metal company Terrafame has been granted permission by the country's nuclear regulator to recover a small quantity of uranium while it experiments with chemical processes it will use in an actual uranium recovery plant. The company plans to start producing uranium as a by-product from its Sotkamo mine towards the end of 2019.