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Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding (MOU) with Nordic energy company Fortum to explore the conditions for new nuclear at the Studsvik site near Nyköping in Sweden.

Date: Thursday, 23 November 2023
Original article: neimagazine.com/news/newsstudsvik-and-fortum-investigate-new-nuclear-11317851

Finland-based Fortum and US Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) to explore the possible development and deployment of new nuclear in Finland and Sweden. However, any potential investment decisions will be made at a later stage.

Date: Tuesday, 13 June 2023
Original article: neimagazine.com/news/newsfortum-and-westinghouse-to-investigate-new-nuclear-in-finland-and-sweden-10932582

Finnish utility Fortum and Westinghouse Electric Company of the USA have signed a memorandum of understanding to explore prerequisites for the development and deployment of new nuclear in Finland and Sweden. The agreement is related to Fortum's nuclear feasibility study launched in November 2022.

Date: Thursday, 08 June 2023
Original article: world-nuclear-news.org/Articles/Fortum,-Westinghouse-study-new-build-opportunities

Finland’s Loviisa NPP had “a good production year in 2022”, according to owner/operator Fortum. The two-unit NPP generated a total of 7.9 TWh avoiding 6m tonnes of CO2 emissions. The load factor for the plant, at 89.4%, was among the best in the world for pressurised water reactors (PWRs), the company said.?Loviisa 1’s load factor was 90.5%, and Loviisa 2’s was 88.2%. 

Date: Thursday, 05 January 2023
Original article: neimagazine.com/news/newsa-good-year-for-loviisa-npp-10488347

Finland is committed to the safe, secure and sustainable management of radioactive waste as it nears completion of the world's first geological disposal facility for used fuel, an International Atomic Energy Agency (IAEA) team of experts has concluded.

Date: Wednesday, 14 December 2022
Original article: world-nuclear-news.org/Articles/IAEA-sees-Finnish-commitment-to-safe-radwaste-mana

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
Original article: neimagazine.com/news/newsfortum-will-use-russian-nuclear-fuel-until-2030-10284929

Photo courtesy VTT. Finland-based research company VTT and utility Fortum have agreed on a partnership to decommission VTT’s FIR 1 research reactor and nuclear power plant construction materials laboratory in Espoo, near Helsinki.

The agreement gives VTT access to Fortum’s experience in nuclear power plant operation and nuclear waste management. Fortum will draw up the plans, dismantle the reactor and dispose of any nuclear waste. VTT is responsible for the safety of the reactor, the laboratory and the decommissioning process.

VTT has already applied to the Finnish government for permission to decommission the reactor and expects to get the go-ahead before the end of 2020. All of the spent nuclear fuel must be removed from the premises before the reactor can be dismantled.

VTT’s goal is to return the fuel to the US, which supplied the fuel in the first place. An alternative is to use an interim storage facility until a geological disposal site is available in Finland. The dismantling process is scheduled for the years 2022–2023.

The FIR 1 research reactor was commissioned in 1962 and operated until 2015. It has played a role in the study of lunar rocks, gold prospecting and cancer treatments and, most importantly, served as a nuclear energy education and research tool.

Date: Friday, 10 April 2020
Original article: nucnet.org/news/vtt-and-fortum-sign-agreement-to-decommission-fir-1-research-reactor-4-4-2020

Swedish utility Vattenfall said on 18 March that it was joining the Estonian pilot study on small modular reactors (SMRs).

Date: Tuesday, 24 March 2020
Original article: neimagazine.com/news/newsvattenfall-joins-estonian-smr-study-7833460

The VTT Technical Research Centre in Finland announced that it has started the development of a small modular reactor (SMR) for district heating in Finland.

Date: Friday, 28 February 2020
Original article: neimagazine.com/news/newsfinland-focuses-on-smrs-for-district-heating-7796869

Finnish company Fortum has signed agreements with two investment companies to buy a further stake in Uniper for 2.3 billion ($2.5 billion).

Date: Thursday, 10 October 2019
Original article: neimagazine.com/news/newsfortum-to-increase-its-stake-in-uniper-7445053