nuclear-news

Operating licence for Olkiluoto 3 nuclear reactor applied for by TVO

Finland’s TVO applies for delayed Olkiluoto nuclear plant licence http://uk.reuters.com/article/finland-nuclearpower-idUKL5N17H192  Apr 14, 2016 

Finnish utility Teollisuuden Voima (TVO) has applied for an operating licence for its much-delayed Olkiluoto 3 nuclear reactor, saying it is on track to start production in late 2018.

“This is a significant milestone. The project is moving from installations to tests,” project manager Jouni Silvennoinen said in a statement on Thursday.

It was originally due to start operation in 2009, and TVO has traded blame for the delay with the plant’s supplier consortium Areva-Siemens , with both demanding billions of euros from each other in an ongoing arbitration at the International Chamber of Commerce. (Reporting by Jussi Rosendahl; Editing by Alexander Smith)

April 15, 2016 - Posted by Christina Macpherson | business and costs, Finland