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/ Finland
Suppliers raise Olkiluoto 3 damages claim
The Areva-Siemens consortium has increased its claim against Finnish utility Teollisuuden Voima Oyj (TVO) to €2.7 billion ($3.7 billion) in relation to the delay and cost overruns of the Olkiluoto EPR.
Corporate
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Thursday, 31 October 2013
Symbolic milestone for Finnish EPR
The reactor vessel head has been installed at Olkiluoto 3 marking the completion of the installation of heavy equipment in the first-of-a-kind EPR plant.
New Nuclear
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Thursday, 24 October 2013
Korea signs European bilaterals
South Korea has signed separate bilateral nuclear cooperation agreements with Finland and Hungary.
Nuclear Policies
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Wednesday, 23 October 2013
Hanhikivi contract by year end
Fennovoima and Rusatom Overseas have set their sights on concluding an investment decision and power plant supply contract for a new nuclear power plant at Hanhikivi in Finland by the end of 2013.
New Nuclear
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Tuesday, 3 September 2013
Fennovoima focuses on Rosatom
Fennovoima could sign a contract for the Hanhikivi nuclear power plant in Finland by the end of this year, perhaps with Russian equity of 34%.
New Nuclear
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Wednesday, 3 July 2013
TVO shows commitment to Olkiluoto 3
The shareholders of Finland's Teollisuuden Voima Oyj (TVO) have agreed to €300 million ($400 million) of loan commitments to enable the company to realise the completion of the Olkiluoto 3 EPR project.
New Nuclear
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Friday, 14 June 2013
IEA praises nuclear's role in Finnish policy
Finland's energy policy framework - including the expanded use of nuclear energy - paves the way for a more sustainable energy system in the longer term, according to the International Energy Agency (IEA).
Nuclear Policies
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Thursday, 23 May 2013
New backup generators for Olkiluoto
Nine new backup generators will be delivered to the Olkiluoto nuclear power plant in what owners TVO are describing as the largest ever individual modification of the plant. These are to be supplied and installed by Wärtsilä over the period 2016 to 2020.
Corporate
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Wednesday, 8 May 2013
Air cooling for Finnish plant
New cooling towers will help to ensure safety at Finland's Loviisa nuclear power plant even if the seawater normally used to cool the plant were to be unavailable.
Regulation & Safety
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Wednesday, 17 April 2013
Another option for Hanhikivi
Fennovoima has invited Rosatom to participate in "direct negotiations" on the supply of a mid-sized AES-2006 reactor for its planned Hanhikivi plant in Finland. Toshiba's larger EU-ABWR is also under consideration.
New Nuclear
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Friday, 5 April 2013
Finnish waste fund continues to grow
Finnish nuclear operators had set aside a total of €2.16 billion ($2.77 billion) by the end of 2012 for waste disposal and decommissioning activities, the country's Ministry for Employment and the Economy reported.
Waste & Recycling
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Tuesday, 26 March 2013
Fennovoima selects Toshiba but keeps options open
Finland's Fennovoima has launched a study into the possibility of building a mid-sized nuclear reactor at Hanhikivi despite inviting Toshiba to take part in "direct negotiations" about proposals for a 1600 MWe boiling water reactor at the site.
New Nuclear
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Monday, 25 February 2013
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The Areva-Siemens consortium has increased its claim against Finnish utility Teollisuuden Voima Oyj (TVO) to €2.7 billion ($3.7 billion) in relation to the delay and cost overruns of the Olkiluoto EPR.
The reactor vessel head has been installed at Olkiluoto 3 marking the completion of the installation of heavy equipment in the first-of-a-kind EPR plant.
South Korea has signed separate bilateral nuclear cooperation agreements with Finland and Hungary.
Fennovoima and Rusatom Overseas have set their sights on concluding an investment decision and power plant supply contract for a new nuclear power plant at Hanhikivi in Finland by the end of 2013.
The shareholders of Finland's Teollisuuden Voima Oyj (TVO) have agreed to €300 million ($400 million) of loan commitments to enable the company to realise the completion of the Olkiluoto 3 EPR project.
New cooling towers will help to ensure safety at Finland's Loviisa nuclear power plant even if the seawater normally used to cool the plant were to be unavailable.
Fennovoima has invited Rosatom to participate in "direct negotiations" on the supply of a mid-sized AES-2006 reactor for its planned Hanhikivi plant in Finland. Toshiba's larger EU-ABWR is also under consideration.