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The Finnish government has granted a new operating licence for both units at Fortum’s Loviisa NPP until the end of 2050. “Continuing production at Loviisa is above all an investment in providing the power Finnish society needs to meet its ambitious climate targets,” said Fortum’s President & CEO Markus Rauramo. “Decarbonisation of our industries requires large volumes of clean and reliable electricity that cannot be covered by new additional and intermittent sources only. At the same time, nuclear… is also a key enabler for growth of wind and solar in the Nordic power system.”

Date: Wednesday, 22 February 2023
Original article: neimagazine.com/news/newsloviisa-npp-granted-licence-until-2050-10612751

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