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/ Finland
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
More clarity for Fennovoima
The co-operative company that is the majority shareholder in Fennovoima has purchased EOn's 34% stake to assume full control. The project is moving forward and recently received advice from government on waste disposal.
Corporate
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Friday, 15 February 2013
TVO prepares for further Olkiluoto 3 delay
Finnish utility Teollisuuden Voima Oyj (TVO) said that it is "preparing for the possibility" that the third unit at Olkiluoto may not start operating until 2016. Last year it said that the EPR had been delayed beyond 2014.
New Nuclear
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Monday, 11 February 2013
Five designs compete for next Olkiluoto build
All invited bidders have submitted proposals for a new reactor at the Olkiluoto power plant, said owner TVO. The competition is between Areva, GE-Hitachi, KHNP, Mitsubishi and Toshiba.
New Nuclear
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Friday, 1 February 2013
Application in for Finnish repository
Management of used nuclear fuel in Finland has reached a milestone with the application by Posiva to construct a final repository and waste encapsulation plant at Olkiluoto.
Waste & Recycling
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Wednesday, 2 January 2013
EOn withdraws from Fennovoima
Germany's EOn is to sell its 34% stake in the Fennovoima new build project as part of a move to divest its businesses in Finland and refocus its Nordic operations on Sweden and Denmark.
Corporate
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Wednesday, 24 October 2012
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