Tag: Eurajoki
In Finland, more than a fifth of electricity was produced by wind power at the beginning of 2023
The total nominal capacity of the new wind farms is therefore greater than the newly completed third reactor unit of the Eurajoki Olkiluoto nuclear power plant in Satakunta. However, nuclear power plants produce approximately three times more electricity than wind farms of the same nominal capacity, Helsingin Sanomat reminded on Thursday. The 1,600 megawatt reactor […]
The IEA urges Finland to speed up wind and solar energy projects
According to the report, Finland has taken great steps towards its carbon neutrality goals, including the construction of onshore wind power capacity and the start-up of Olkiluoto 3, the third nuclear reactor of the Olkiluoto nuclear power plant, on the Eurajoki in Satakunta. “Finland has a good chance of achieving its goals thanks to the […]
The Social Democrats propose a price ceiling for electricity, which surprises other parties
SDP estimates that the costs of the ceiling limit could be covered with the proceeds of the windfall tax imposed on the excess income of energy companies. The tax, which is being prepared by the Ministry of Finance, is expected to generate approximately EUR 0.5–1.3 billion in revenue starting in 2024. The proposal raised eyebrows […]
Lintilä welcomes Fortum’s decision to investigate the construction of nuclear power in Finland
Lintilä added that the timing is also suitable because the Ministry of Economy and Labor is currently preparing a new nuclear energy law. The law takes into account aspects not regulated under current legislation, including small modular reactors, so that they can be monitored from different perspectives. Although the technology is not yet economically viable, […]
Lintilä demands a reduction in value added tax in order to lower the price of electricity
According to the Minister of Economic Affairs Mika Lintilä According to (Cen), a reduction in value added tax would be the simplest and most effective way to mitigate the anticipated rise in electricity prices next winter. "The VAT on electricity is now 24 percent. Let’s drop it to 14 or 10. This would have the […]
The Olkiluoto 3 reactor is connected to the national grid, 13 years behind schedule
The third unit of the Olkiluoto nuclear power plant has finally started commercial operations. The owner of the plant, Teollisuuden Voima (TVO), says the unit was connected to the national electricity grid at noon on Saturday. It is Finland’s Fifth Nuclear Reactor. Initially, a unit called OL3 will generate 103 megawatts of electricity. During a […]
Olkiluoto 3’s electricity production was postponed to February
Electricity production from the much-delayed Olkiluoto 3 nuclear reactor, which was scheduled to begin at the end of January, has been postponed until next month. The plant operator Teollisuuden Voima (TVO) said in a press release that the delay was due to an unplanned shutdown of the reactor during the test phase. The causes of […]
Nuclear power is subsidized, but current producers are not designing new reactors
Teollisuuden Voima (TVO), which operates the Olkiluoto power plant in Eurajoki in Southwest Finland, is now focusing on the start-up of its long-awaited third reactor (OL3), which started up on 21 December. The company has abandoned plans to build a fourth reactor in the area after extensive cost overruns and a delay in the OL3 […]
The Nuclear Regulatory Authority approved the start-up of the Olkiluoto 3 reactor
The Radiation and Nuclear Safety Authority (Stuk) has given permission to the energy company Teollisuuden Voima (TVO) to increase the capacity of its new Olkiluoto 3 (OL3) nuclear power plant unit. The capacity can be increased to more than 5 percent of the unit’s 4,300 megawatts of full heat capacity, STUK said in a statement […]
Scrap metal prices are rising to an all-time high, and dealers are buying everything they get
The price of scrap metal is now higher than ever Juuso Northwest Sea, whose company in Eurajoki Scrap has a 25 – hectare scrap yard full of bicycle frames, cars and old washbasins. It is located on Satakunta’s Eurajoki in Western Finland and is the largest of its kind in the country. "There is traffic […]
The Olkiluoto 3 reactor was delayed again
The long-term commissioning of Finland’s fifth commercial nuclear reactor will be delayed again. According to plant supplier Areva-Siemens, the start-up date for Olkiluoto 3 (OL3) will be postponed by one month. The company announced on Friday that it expects regular power generation to begin in March 2022. The third unit in the Olkiluoto area in […]
TVO, the consortium, agreed on the completion of the long-delayed Olkiluoto 3 reactor
The nuclear power plant Teollisuuden Voima (TVO) and the Areva-Siemens plant supplier consortium have agreed on precise terms for the completion of the Olkiluoto 3 (OL3) nuclear reactor in Eurajoki in southwestern Finland, the companies announced in a press release. Negotiations began last summer on the additional funding needed by the consortium to complete the […]
Excavation of the nuclear waste disposal tunnels begins
In Eurajoki, near the Olkiluoto power complex, the much-needed underground spent nuclear fuel disposal facility has been excavated, according to the nuclear waste company Posiva. According to the company, the Radiation and Nuclear Safety Agency STUK has stated that the conditions for starting excavation have been met. Founded by TVO and Fortum, Posiva is a […]
Nuclear reactors, weapons control and oat liqueur: Finland in the world press
OL3 is capable of generating 1,600 megawatts of electricity and is also the largest nuclear reactor in the Nordic and Baltic countries. Finland’s arms control regulations were also raised this week, taking into account recent mass incidents in the United States. In both countries, gun ownership is high, but Finnish firearms regulations are much stricter […]
The Olkiluoto 3 reactor receives a refueling permit
The Finnish Radiation and Nuclear Safety Authority (Stuk) has granted a permit to load fuel into the Olkiluoto 3 (OL3) nuclear reactor in Eurajoki, southwestern Finland. The decision marks the beginning of a new phase in the commissioning of the long-delayed reactor, which has been under construction since 2005. "This is by far the most […]
Tuesday’s magazines: AstraZeneca vaccine for most in Finland, less passports, more snow, microplastics on the beaches
Finland’s largest daily Helsingin Sanomat reports that most healthy working-age Finns receive a vaccine developed by AstraZeneca and the University of Oxford Mika Rämet, Director of the Vaccine Research Center, University of Tampere. AstraZeneca has promised to produce three billion doses of the vaccine this year. That would be enough to vaccinate 1.5 billion people. […]
The nuclear watchdog gives the green light to the restart of the Olkiluoto reactor
The Radiation and Nuclear Safety Authority (STUK) has given permission to TVO, the owner of the Olkiluoto plant in Southwest Finland, to restart the OL2 reactor after an automatic emergency shutdown last week. According to the statement published by the authority, TVO has clarified the causes of the incident and performed the necessary inspections and […]
Storm Aila, Nokia and Burger King; Finland in the world press
The impact of Covid 19 was revealed as the turnover of Finnish industry was reported to have decreased by 10.3% in July from the previous year. All major industries suffered in the midst of the pandemic, with the forest industry declining the most by 19.2% from the previous year. At the same time, the Finnish […]
