Earlier this month, the company announced that it had terminated an agreement with the Russian state-owned nuclear power company Rosatom.
Work on the Pyhäjoki nuclear power plant has come to a standstill and Fennovoima has shifted its focus to the maintenance of the nuclear power plant in the short and long term. In the coming weeks, construction work with Fennovoima’s contractors will be completed.
The completion of the project is expected to have a significant impact on Fennovoima’s personnel, so the company has started negotiations on changes to the entire personnel. Negotiations are expected to end on 21 June.
Fennovoima’s Hanhikivi project has been controversial since it began 15 years ago. Rosatom became a partner in 2014 despite the annexation of Crimea. Since Russia invaded Ukraine, the project has collapsed due to growing security concerns.
The Hanhikivi 1 nuclear power plant in Pyhäjoki, Northern Ostrobothnia, was to be Finland’s third and first completely new nuclear power plant after the 1970s.
Finland’s most recently built nuclear power plant, Olkiluoto 3, has also experienced some controversy and delay. The plant is expected to generate electricity by September this year.
Source: The Nordic Page