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Olkiluoto
The Olkiluoto Nuclear Power Plant ( fi, Olkiluodon ydinvoimalaitos, sv, Olkiluoto kärnkraftverk) is one of Finland's two nuclear power plants, the other being the two-unit VVER Loviisa Nuclear Power Plant. The plant is owned and operated by Teollisuuden Voima Oyj (TVO), a subsidiary of Pohjolan Voima, and is located on Olkiluoto Island, on the shore of the Gulf of Bothnia, in the municipality of Eurajoki in western Finland, about 20 kilometres from the town of Rauma and about 50 kilometres from the city of Pori. The Olkiluoto plant consists of two boiling water reactors (BWRs), each producing 890  MW of electricity, together comprising 22% of the country's electricity generation for 2020. A third reactor, Unit 3, reached first criticality in late 2021, and at a nameplate capacity of 1,600 MW net electric output, will by itself satisfy 14% of the country's electricity demand. Unit 3 is an EPR reactor and has been under construction since 2005. The start of commercial o ...
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EPR (nuclear Reactor)
The EPR is a third generation pressurised water reactor design. It has been designed and developed mainly by Framatome (part of Areva between 2001 and 2017) and Électricité de France (EDF) in France, and Siemens in Germany. In Europe this reactor design was called European Pressurised Reactor, and the internationalised name was Evolutionary Power Reactor, but it is now simply named EPR. The first operational EPR unit was China's Taishan 1, which started commercial operation in December 2018. Taishan 2 started commercial operation in September 2019. European units have been so far plagued with prolonged construction delays and substantial cost overruns. The first EPR unit to start construction, at Olkiluoto in Finland, achieved criticality in December 2021. It is expected to begin commercial operation after February 2023, a delay of thirteen years. The second EPR unit to start construction, at Flamanville in France, is also facing a decade-long delay (to 2024). T ...
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Areva
Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France. Before its 2016 corporate restructuring, Areva was majority-owned by the French state through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%). Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state. As a part of the restructuring program following its insolvency, Areva sold out or discontinued its renewable energy businesses, sold its reactors business subsidiary Areva NP (now: Framatome) to EDF and its nuclear propulsion and research reactors subsidiary Areva TA (now: Technicatome) to Agence des participations de l'État, and separated its nuclear cycle business into a separate company New Areva (later: Orano). As ...
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Teollisuuden Voima
Teollisuuden Voima Oyj (TVO; sv, Industrins Kraft Abp, Industrial Power Corporation) is a Finnish nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima and Fortum. The company operates Olkiluoto Nuclear Power Plant, which consists of two BWRs (boiling water reactors), an EPR (European Pressurized Reactor) which reached first criticality in 2021, and one half of a coal-fired power plant along with a wind farm. The third reactor at Olkiluoto was expected to be ready in 2009, but last estimate is 2021. TVO has filed compensation claim for delays, and Areva-Siemens have counter-claimed against TVO. Arbitrators at the International Chamber of Commerce are considering the claims. On 21 April 2010, the Government of Finland decided to grant a permit for construction of fourth reactor at Olkiluoto. The decision was approved by the Parliament on 1 July 2010. In 2014 this permit expired, and was not renewed b ...
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Teollisuuden Voima
Teollisuuden Voima Oyj (TVO; sv, Industrins Kraft Abp, Industrial Power Corporation) is a Finnish nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima and Fortum. The company operates Olkiluoto Nuclear Power Plant, which consists of two BWRs (boiling water reactors), an EPR (European Pressurized Reactor) which reached first criticality in 2021, and one half of a coal-fired power plant along with a wind farm. The third reactor at Olkiluoto was expected to be ready in 2009, but last estimate is 2021. TVO has filed compensation claim for delays, and Areva-Siemens have counter-claimed against TVO. Arbitrators at the International Chamber of Commerce are considering the claims. On 21 April 2010, the Government of Finland decided to grant a permit for construction of fourth reactor at Olkiluoto. The decision was approved by the Parliament on 1 July 2010. In 2014 this permit expired, and was not renewed b ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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Eurajoki
Eurajoki ( sv, Euraåminne) is a municipality of Finland located in the region of Satakunta in the province of Western Finland. The municipality has a population of () and covers an area of of which is water. The population density is . The municipality is unilingually Finnish. Economy Two of Finland's four nuclear reactors are on the island of Olkiluoto in Eurajoki, and a third one is under construction. The two other operating reactors are at the Loviisa Nuclear Power Plant. Site-preparation for the construction of the Onkalo spent nuclear fuel repository, a deep geological repository for spent nuclear fuel, is going on (as of Q4 2022).https://klassekampen.no/utgave/2022-10-29/kjernefamilien. Klassekampen.no. Retrieved 2022-10-29 The site will be a permanent facility for spent-fuel storage. Transport The distance from the church village of Eurajoki to the nearest town, Rauma, is , and to the nearest city, Pori, is . Highway 8 ( E8) and the railway between Kokemäki an ...
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Nuclear Power Plant
A nuclear power plant (NPP) is a thermal power station in which the heat source is a nuclear reactor. As is typical of thermal power stations, heat is used to generate steam that drives a steam turbine connected to a electric generator, generator that produces electricity. , the International Atomic Energy Agency reported there were 422 nuclear power reactors in operation in 32 countries around the world, and 57 nuclear power reactors under construction. Nuclear plants are very often used for base load since their operations, maintenance, and fuel costs are at the lower end of the spectrum of costs. However, building a nuclear power plant often spans five to ten years, which can accrue to significant financial costs, depending on how the initial investments are financed. Nuclear power plants have a carbon footprint comparable to that of renewable energy such as photovoltaic power station, solar farms and wind farms, and much lower than fossil fuels such as gas-fired ...
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Satakunta
Satakunta (in both Finnish and Swedish, ) is a region ( / ) of Finland, part of the former Western Finland Province. It borders the regions of Southwest Finland, Pirkanmaa, South Ostrobothnia and Ostrobothnia. The capital city of the region is Pori. The name of the region literally means Hundred. The historical province of the same name was a larger area within Finland, covering modern Satakunta as well as much of Pirkanmaa. Municipalities The region of Satakunta is made up of 16 municipalities, of which 7 have city status (marked in bold). Northern Satakunta sub-region: * Jämijärvi **Population: * Kankaanpää **Population: * Karvia **Population: * Siikainen (''Siikais'') **Population: Pori sub-region: * Harjavalta **Population: * Huittinen (''Vittis'') **Population: * Kokemäki (''Kumo'') **Population: * Merikarvia (''Sastmola'') **Population: * Nakkila **Population: * Pomarkku (''Påmark'') **Population: * Pori (''Björneborg'') **Population: * Ulvila ...
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Loviisa Nuclear Power Plant
The Loviisa Nuclear Power Plant (NPP) ( fi, Loviisan ydinvoimalaitos, sv, Lovisa kärnkraftverk) is located close to the Finnish town of Loviisa. It houses two Soviet-designed VVER-440  PWR reactors, with capacities of 507 MW each. It is one of Finland's two operating nuclear power plants, the other being the three-unit Olkiluoto Nuclear Power Plant. History The reactors at Loviisa NPP went into commercial operation in 1977 and 1981 respectively. To comply with Finnish nuclear regulation, Westinghouse and Siemens supplied equipment and engineering expertise. This unorthodox mix of Western and Soviet enterprise led to the project developers being given the nickname "Eastinghouse". The plant is operated by Fortum Oyj. In 1996, the pressure vessel of Unit 1 was successfully heat annealed in order to clear embrittlement caused by neutron bombardment and impurities of the welding seam between the two halves of the vessel. The operating licence for both units has been ...
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Pohjolan Voima
Pohjolan Voima Oy (PVO; English: Northern Power Company Ltd.) is the second biggest Finnish energy company, which owns hydropower and thermal power plants (including biofuel-fired power plants). Shareholders Pohjolan Voima is a founder and main shareholder of the Olkiluoto Nuclear Power Plant operator Teollisuuden Voima Oy. Major shareholders of Pohjolan Voima are Finnish pulp and paper manufacturers UPM Oyj (47,7%) and Stora Enso Oyj (15,6%). Other shareholders include power and utility companies owned by several municipalities. The energy produced by the company is distributed among its shareholders based on their ownership and the shareholders pay for the actual production costs (so called Mankala principle). This arrangement allows for smaller power companies to participate in larger power station projects together and to benefit from the economics of scale. Carbon intensity Transmission grid PVO sold its share of the Fingrid national electricity transmission grid op ...
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Rauma, Finland
Rauma (; sv, Raumo) is a town and municipality of around () inhabitants on the west coast of Finland, north of Turku, and south of Pori. Its neighbouring municipalities are Eura, Eurajoki, Laitila and Pyhäranta. Granted town privileges on 17 April 1442 (then under the rule of Sweden), Rauma is known for its paper and maritime industry, high quality lace (since the 18th century) and the old wooden architecture of the city centre (Old Rauma, Vanha Rauma), which is a UNESCO World Heritage site. History In the 14th century, before it was declared a town, Rauma had a Franciscan monastery and a Catholic church. In 1550, the townsmen of Rauma were ordered to relocate to Helsinki, but this was unsuccessful and Rauma continued to grow. Practically the whole wooden part of the town of Rauma was devastated in the fires of 1640 and 1682. The city centre, which was as large as the town was until 1809, has approximately 600 wooden buildings. The neo-renaissance style of many of the house ...
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Mitsubishi Heavy Industries
is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors. MHI's products include aerospace and automotive components, air conditioners, elevators, forklift trucks, hydraulic equipment, printing machines, missiles, tanks, power systems, ships, aircraft, railway systems, and space launch vehicles. Through its defense-related activities, it is the world's 23rd-largest defense contractor measured by 2011 defense revenues and the largest based in Japan. History In 1857, at the request of the Tokugawa Shogunate, a group of Dutch engineers were invited, including Dutch naval engineer Hendrik Hardes, and began work on the ''Nagasaki Yotetsusho'' 長崎鎔鉄所 , a modern, Western-style foundry and shipyard near the Dutch settlement of Dejima, at Nagasaki. This was renamed ''Naga ...
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