Olkiluoto

Finland's Olkiluoto 3 nuclear plant delayed again

Tuesday, July 17, 2012

The launch of a flagship nuclear power station in Finland has been delayed for a third time, officials say.

Finnish electricity company TVO says the Olkiluoto 3 plant will not be ready by the latest deadline of 2014 and a new timetable has not yet been set.

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France's Areva to announce big losses-minister

Sunday, December 11, 2011

Dec 11 (Reuters) - French nuclear reactor maker Areva will announce large losses on Tuesday when the group unveils its strategy, French Industry Minister Eric Besson said on Sunday.

"I can confirm that Areva will announce losses," Besson told Radio J. "In all likelihood, they will be big."

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Olkiluoto 3 nuke plant may be delayed further -TVO

Sunday, October 16, 2011

HELSINKI/PARIS, Oct 12 (Reuters) - Finnish utility firm Teollisuuden Voima (TVO) blamed supplier Areva for further delays to the construction of its Olkiluoto 3 nuclear power plant which may further push back operations to 2014.

The 1,600 megawatt plant Olkiluoto 3, Finland's fifth nuclear reactor, was originally scheduled to start operations in 2009 but delays and soaring costs meant TVO revised its start date to 2013.

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Polish workers at Olkiluoto earning slave wages

Sunday, October 16, 2011

Evidence has come to light suggesting that cheap labour is being employed at the construction site of the Olkiluoto 3 nuclear power plant on the Finnish west coast. At worst, some Polish workers are paid less than two euros an hour.

A Polish electrician who wishes to remain anonymous told YLE that the dearth of jobs in his home country drove him to seek work at Olkiluoto. The man says it took him some time to realise he was being short-changed.

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Posiva: No room for Fennovoima waste in nuclear cave

Wednesday, October 5, 2011

The project director of the Olkiluoto 3 nuclear power plant, Posiva President Reijo Sundell, insists there is no space for waste from utilities other than TVO or Fortum in the Onkalo underground disposal site on Finland's west coast.

Onkalo (or ‘cave’) is being dug into the bedrock near the Olkiluoto power station by Posiva, which is 60 percent owned by TVO and 40 percent by Fortum. The latter utility owns two commercial reactors in Loviisa on the south-east coast, and has applied to build a third. TVO has two operating reactors on Olkiluoto, an island in the municipality of Eurajoki, on the west coast between Rauma and Pori.

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Foreign workers at nuclear construction site live isolated lives

Wednesday, September 1, 2010

Researcher Anna Kontula observed lives of Olkiluoto builders for a month

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Reversal: Czechs to build new nuclear reactors

Monday, July 26, 2010

Prague - The Greens did not manage to pass the 5 percent threshold in the late May legislative elections, which means there is virtually no opposition in the Lower Chamber of the Czech Parliament against plans on nuclear energy build-ups in the Czech Republic.

This means that the center-right coalition can easily implement its nuclear energy program, which includes building new reactors in the Temelín nuclear plant and modernizing the Dukovany nuclear plant.

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S&P downgrades French nuclear-uranium giant AREVA on weakened profitability

Tuesday, June 29, 2010

The decision of France's AREVA to take a EUR400mn charge on its Finnish nuclear reactor project, combined with a planned French nuclear plant shutdown is hurting AREVA's bottom line.

After state-owned AREVA, the world's largest uranium miner, announced last week it would take a 400 million euros (US$491mn) charge due to cost overruns at its Finnish nuclear plant project, Standard & Poor's Monday downgraded the company to a `BBB+' rating, citing continued weakened profitability.

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The great atomic bluff

Sunday, April 18, 2010

Constant hold-ups, skyrocketing costs, faulty construction…Finland’s new Olkiluoto reactor, touted as the great white hope for Europe’s nuclear sector, is looking more and more like a great white elephant – and casting a fat black shadow over the whole industry.

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Nuclear regulators in Europe, US to caution against EPR piping

Thursday, April 8, 2010

Nuclear safety authorities in four countries are assessing the significance of undocumented welding on primary circuit piping for the EPR reactor under construction at Olkiluoto-3, Petteri Tiippana, director of the nuclear reactor regulation department at the Finnish Radiation and Nuclear Safety Authority STUK, told Platts in an interview Thursday.

But Tiippana said that contrary to a statement made Wednesday by Marie-Pierre Comets, a commissioner of French nuclear safety authority ASN, regulators from Finland, France, the UK and the US are not preparing a joint statement on the piping qual

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