Finland rss

Nuclear power chiefs assess path to new capacity growth

Nuclear Policies

18 September 2015

Leaders panel - Sympo 2015 - 48Industry leaders last week debated how to bridge the gap between the World Nuclear Association's vision of an extra 1000 GWe of new nuclear power capacity by 2050, and the practicalities of working within current political, regulatory and financial environments.

Finnish ownership of Fennovoima assured


05 August 2015

Finnish ownership of Fennovoima, which plans to build the Hanhikivi 1 nuclear power plant, now exceeds 65% following new financial commitments from three domestic companies. The processing of Fennovoima's construction licence application can now proceed.

Ownership of Croatia's Migrit Energija remains unclear


16 July 2015

Finland's Ministry of Employment and the Economy announced today that it has been unable to confirm whether Migrit Energija, the Croatian company intending to take a stake in the Hanhikivi nuclear power plant project, is in fact European-controlled.

Finnish sub-contractor selected to prepare Hanhikivi site


13 August 2015

Russia's Titan-2 has selected the first Finnish sub-contractor for construction work at the Hanhikivi 1 nuclear power plant project in Finland.

Claims updated in Olkiluoto 3 delay arbitration


03 August 2015

Olkiluoto 3 - July 2015 - 48Finnish utility Teollisuuden Voima Oyj and the Areva-Siemens consortium have both increased the amounts claimed in arbitration over the delay in construction of the first-of-a-kind EPR at Olkiluoto.

Croatian firm confirms interest in Finnish project


02 July 2015

Croatian company Migrit Energija has confirmed that it plans to take a stake in the Hanhikivi nuclear power plant project in Finland. However, the Finnish economy ministry has requested more details about the company as it considers the shareholding.