Related Topic: Finland

Hanhikivi-1 design documents submitted to Finnish customer

Hanhikivi-1 design documents submitted to Finnish customer

Fennovoima Oy has "provisionally accepted" the 'Basic Design Stage 1' documentation for the Hanhikivi-1 project in Finland from the nuclear reactor supplier, RAOS Project Oy, which is a subsidiary of Rusatom Energy International JSC, which is itself a subsidiary of Russian state nuclear corporation Rosatom.

New Nuclear 21 December 2020


TVO receives further shareholder loan commitment

TVO receives further shareholder loan commitment

Shareholders in Finnish utility Teollisuuden Voima Oyj have signed an additional shareholder loan commitment for EUR400 million (USD490 million). With the new shareholder loan commitment, TVO said it prepares to maintain a sufficient liquidity buffer and equity ratio in order to complete the Olkiluoto 3 EPR project.

Corporate 17 December 2020


Malfunction triggers emergency shutdown at Finnish reactor

Malfunction triggers emergency shutdown at Finnish reactor

An automatic shutdown yesterday of unit 2 at the Olkiluoto nuclear power plant in Finland was caused by a fault in the purification system for the reactor cooling water, which led to a temporary increase in radiation levels in the circuit, Finnish utility Teollisuuden Voima said. The emergency standby resulting from the incident has now ended and repair work is under way to bring the unit back online.

Regulation & Safety 11 December 2020


Grossi impressed by Finnish used fuel repository

Grossi impressed by Finnish used fuel repository

"Onkalo is a game changer for the long-term sustainability of nuclear energy," International Atomic Energy Agency Director General Rafael Mariano Grossi said yesterday, referring to the world’s first-ever deep geological repository for used nuclear fuel that is under construction in Olkiluoto, Finland.

Waste & Recycling 27 November 2020


IAEA highlights role of nuclear power in Finland

IAEA highlights role of nuclear power in Finland

International Atomic Energy Agency Director General Rafael Mariano Grossi and Finnish President Sauli Niinist√∂ yesterday discussed the use of nuclear energy in support of climate change goals, nuclear verification and possibilities for cooperation in nuclear safety projects in the Arctic. They also discussed strengthening cooperation between Finland and the IAEA, the upcoming Tenth Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons, and nuclear verification in Iran, including the implementation of the Joint Comprehensive Plans of Action.

Nuclear Policies 26 November 2020


Finland notifies fuel suppliers of final disposal plans

Finland notifies fuel suppliers of final disposal plans

Finland's Radiation and Nuclear Safety Authority has notified the authorities in charge of radiation safety in the countries that have supplied the country with uranium for its nuclear power plants of Finland's intention to begin the final disposal of used nuclear fuel in the mid-2020s. Normal verification inspections of nuclear materials cannot be performed once the materials have been finally disposed of, and so procedures related to such inspections must be specified before the initiation of final disposal.

Regulation & Safety 05 November 2020


Fortum and MIT launch SMR modelling project

Fortum and MIT launch SMR modelling project

Finnish utility Fortum and the Massachusetts Institute of Technology have entered into a three-year cooperation to create an open source tool for techno-economic modelling of small modular reactor projects.

New Nuclear 07 October 2020


Rosatom explains the 'multiplier effect' of new nuclear

Rosatom explains the 'multiplier effect' of new nuclear

The development of a national nuclear industry facilitates a country's economic growth while at the same time keeping in harmony with low-carbon and sustainable development, Yaroslav Mozdakov, director for communications and international affairs at Rusatom Energy International, said last week during a webinar hosted by the Expert Group on Resource Management of the United Nations Economic Commission for Europe. REIN is a subsidiary of Russian state nuclear corporation Rosatom.

Corporate 28 September 2020


Finnish disposal facility contracts grow

Finnish disposal facility contracts grow

Finnish waste management company Posiva announced it signed a "significant" building services agreement at the end of August related to the construction of the used fuel encapsulation plant and repository at the Olkiluoto site. The signing of the latest agreement follows that of a contract last year with the same consortium.

Waste & Recycling 08 September 2020


Further delay in commissioning of Finnish EPR

Further delay in commissioning of Finnish EPR

Fuel loading at the Olkiluoto 3 EPR will now not take place until March next year, according to a revised schedule provided to Finnish utility Teollisuuden Voima Oyj by the Areva-Siemens consortium. Grid connection is now scheduled for October 2021, with regular electricity production due to start in February 2022.

New Nuclear 28 August 2020