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Fortum and Finnish energy company, Helen, are initiating a joint study to explore the prerequisites for collaboration in nuclear power and small modular reactors (SMRs). The study is linked to the Fortum project announced in October to explore the prerequisites for nuclear power in Finland and Sweden, including the mapping of potential partner networks and cooperation arrangements.

Date: Wednesday, 30 November 2022
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Finnish firms Fortum and Helen have announced a joint study to explore possible collaboration in new nuclear power, especially small modular reactors (SMRs).

Date: Saturday, 26 November 2022
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The commissioning of a system for drying used nuclear fuel assemblies before they are sealed within copper canisters for final disposal has taken place at Finnish waste management company Posiva's encapsulation plant under construction at Olkiluoto.

Date: Friday, 18 November 2022
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The use of Russian nuclear fuel is set to continue for several more years at Finland’s Loviisa Nuclear Power Plant, operated by Fortum, Finnish news agency STT has reported, citing Fortum’s director of nuclear power, Matti Kattainen. "We have a valid contract under which we work," Kattainen said. 

Date: Friday, 11 November 2022
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Power company Fortum is starting a two-year feasibility study to explore prerequisites for new nuclear. As part of the study, Fortum will examine commercial, technological and societal, including political, legal and regulatory, conditions both for small modular reactors (SMRs) and conventional large reactors. The study’s geographic focus is Finland and Sweden.

Date: Friday, 21 October 2022
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Finnish utility Fortum has launched a two-year feasibility study to examine the prerequisites for nuclear new build in Finland and Sweden. The study will consider both small modular reactors (SMRs) and conventional large reactors.

Date: Tuesday, 18 October 2022
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Finland’s Fennovoima Oy, which was the customer for the construction of the Hanhikivi-1 NPP with Russian participation is preparing for litigation from Rosatom for an advance payment of €799.8 million after the Finnish government cancelled the project in the wake of Russia’s special military operation in Ukraine, business publication Kauppalehti has reported, citing financial statements of Fennovoima.

Date: Wednesday, 10 August 2022
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Swedish state-owned energy company Vattenfall announced it is initiating a pilot study looking at the conditions for constructing at least two small modular reactors (SMRs) adjacent to the Ringhals nuclear power plant.

Date: Wednesday, 29 June 2022
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The priority for preventing irreversible climate change is decarbonisation, not the creation of energy systems which are 100% dependent on renewables, according to a new report from LucidCatalyst. It says expanding the use of nuclear energy could enable faster progress towards a sustainable and prosperous future for all.

Date: Tuesday, 14 June 2022
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‘Without nuclear we cannot be self-sufficient and carbon neutral’ “Nuclear energy has a key role to play in producing carbon-free energy and in achieving Finland’s carbon neutrality target by 2035,” Mika Lintilä said. The war in Ukraine means Finland must look for energy solutions – including nuclear – that are independent of Russian imports with small modular rectors one possible solution, economy minister Mika Lintilä said at the opening session of NuclearEurope2022 and the Nordic Nuclear Forum 2022 in Helsinki.

Mr Lintilä said Finland faces the challenge of achieving climate neutrality and “without nuclear energy in Europe, we cannot be carbon neutral and self-sufficient”.

“Nuclear energy has a key role to play in producing carbon-free energy and in achieving Finland’s carbon neutrality target by 2035,” he said.

“It is a question of continuing to operate existing nuclear power plants, as in the case of Fortum’s requests to continue operating units at Loviisa, or building new power plants.”

Date: Thursday, 09 June 2022
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