Experts: Finnish nuclear project “directly supports Russian nuclear weapon production”

Experts: Finnish nuclear project “directly supports Russian nuclear weapon production”

Finland is planning to build a nuclear power plant, sourcing the reactor from Russia.  YLE NEWS, 22.2. 20,

Two professors told Yle that the Fennovoima nuclear power project, which is part-owned by Russian companies, entails big risks connected to the Russian nuclear industry.

The project is using a reactor from Russian state-owned firm Rosatom, which also produces Russia’s nuclear weapons.

“If we invest in Russian nuclear power in this current Fennovoima structure, then we directly support Russian nuclear weapon production and therefore also Vladimir Putin‘s geopolitical goals,” said Veli-Pekka Tynkkynen, a professor in Russian environmental policy.

The project was approved in 2014 with Rosatom holding a 35 percent stake. Other shareholders are mostly Finnish energy companies, with a Croatian firm apparently owned by two students owning a crucial shareholding.

Without that stake, the holding company would not have enough EU-based owners to meet security requirements.

The decision to grant a permit was controversial at the time, with the Green League leaving Prime Minister Alexander Stubb’s (NCP) government in protest.

Final building permits are due to be granted this year, with nuclear regulator STUK set to evaluate the project.

Professor of International Business Kari Liuhto said that the project looked too risky, in his view.  “The Fennovoima project will surely be on the government’s agenda during this year,” said Liuhto. “If Russia attacks Ukraine, in my opinion the project should be stopped.

Nuclear power increases reliance on Russia

Rosatom became the largest single shareholder in the project in 2014……………

Journalists from Yle’s MOT programme asked politicians including President Sauli Niinistö, Prime Minister Sanna Marin (SDP), and former Prime Ministers Antti Rinne (SDP), Alexander Stubb (NCP) and Juha Sipilä (Cen) for an interview on the topic, but all of the politicians declined to discuss it.

Fennovoima also refused to comment.  Journalists from Yle’s MOT programme asked politicians including President Sauli Niinistö, Prime Minister Sanna Marin (SDP), and former Prime Ministers Antti Rinne (SDP), Alexander Stubb (NCP) and Juha Sipilä (Cen) for an interview on the topic, but all of the politicians declined to discuss it.

Fennovoima also refused to comment.  https://yle.fi/news/3-12328641

March 1, 2022 - Posted by Christina Macpherson | Finland, politics international