nuclear-news

Finland – TVO postpones Olkiluoto 4 nuclear project by 5 years!

05/20/2014

http://www.power-eng.com/articles/2014/05/tvo-postpones-olkiluoto-4-nuclear-project.html

Finland’s utility Teollisuuden Voima (TVO) asked to postpone its newest nuclear power plant by five years.

The utility asked for a five-year extension to submit a construction license application for Unit 4 at the Olkiluoto nuclear power plant, according to Reuters. TVA was due to apply for the license in 2015, but repeated delays and increasing costs at the current project, the 1,600-MW Olkiluoto 3, made it impossible to make any decisions on Unit 4.

TVO announced in February that Olkiluoto 3 is now expected to start in 2016, up from its original target date of 2009. Both units will use the European Pressurized Reactor technology.

May 21, 2014 - Posted by arclight2011part2 | Uncategorized