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Finland’s Olkiluoto nuclear plant to power up 12 years late

Finland’s Olkiluoto nuclear plant to power up 12 years late news 24 17 Dec 21, Finland’s long-delayed Olkiluoto 3 nuclear reactor will begin powering up this month and start producing electricity in January next year, the plant’s operator announced on Thursday………………

the French-developed EPR reactor model, touted as offering higher power and better safety, has been plagued by delays and cost overruns, leading to bitter compensation disputes between TVO and Areva.

Other EPR builds in France and the UK have also been beset with delays, with Hinkley Point in southwest England pushing back its planned electricity production by half a year to mid-2026.

Costs have swelled by around 500 million ($705 million, 580 million euros) to as much as 23 billion. https://www.news24.com/fin24/International/finlands-olkiluoto-nuclear-plant-to-power-up-12-years-late-20211217

December 17, 2021 - Posted by | Finland, politics

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