The Finnish power group Fennovoima has selected the Russian state nuclear company Rosatom to build its nuclear reactor in Pyhäjoki, northern Finland.
Fennovoima said on Tuesday that it will propose to its shareholders that a deal with Rosatom be signed by the end of this year, with the Russian firm taking a 34 percent stake in the project.
The Decision-in-Principle (DiP) in 2002 to build a fifth nuclear power plant made Finland the center of attention when the nuclear power industry began to see its chances. Finland is the first country to have made a decision on final storage of nuclear waste. Finland is also the only Nordic country in which energy consumption is rising.
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.
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
