Finland
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Nuclear
TVO Gets Good News in Ongoing Dispute with Areva
Finnish power company Teollisuuden Voima Oyj (TVO) in July celebrated another win in ongoing legal proceedings with French nuclear company Areva. The two companies have been at odds for years concerning cost
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Renewables
One of the World’s Biggest Biomass-Fired CHP Plants Is Inaugurated
Fortum Värme, a company jointly owned by Finnish energy firm Fortum and the city of Stockholm on May 9 inaugurated a new biomass-fired combined heat and power (CHP) plant on the shores of Värtan, a strait in Sweden’s capital city. The Värtan CHP8 (130 MWe, 280 MWth), which began construction in 2013, will begin commercial […]
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Press Releases
Valmet to supply a wood pellet heating plant to the Helen Salmisaari power plant in Helsinki, Finland
Valmet will supply a wood pellet heating plant to Helen Oy’s Salmisaari power plant. The wood pellet plant will enable Helen to increase the use of bio fuels in district heat production in Helsinki. The new plant helps the city of Helsinki to meet its aim of increasing its production of renewable energy. The start-up […]
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Renewables
Wind Energy Thrives in Europe, but It’s Not Unfettered
Recent news out of Europe shows just how important wind energy has become to the continent. Record wind power consumption, huge capacity additions, and new expansion in previously untapped offshore areas are all making headlines, but policy changes and overproduction could start to become challenging. Denmark Leads the Way In Denmark, 2015 was a banner […]
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News
POWER Digest (November 2014)
Finland Rejects Permit Extension for Olkiluoto Reactor. Finland’s government on Sept. 25 rejected an application from utility Teollisuuden Voima Oyj (TVO) to extend a permit for its proposed Olkiluoto 4 reactor for five years. TVO requested the extension in light of delays from its Olkiluoto 3 EPR project, which is being built by an AREVA-Siemens […]
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Nuclear
Finland EPR Dispute Gets Costlier
The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant’s owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions of dollars in costs and losses, which they say are caused by delays afflicting the world’s first EPR project. At the end of 2003, TVO […]
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Nuclear
Finland EPR Nuclear Reactor Construction Now Lags Almost a Decade Behind Original Schedule
The European Pressurized Reactor (EPR) under construction in Finland may not start operating until late 2018—putting the project nearly 10 years behind its initial schedule. Finnish utility Teollisuuden Voima (TVO) said in a statement on Sept. 1 that the AREVA-Siemens consortium building Olkiluoto 3 had updated its schedule. The schedule review, which “has been going […]