Finland rss

Finland's waste fund grows to €2.4 billion

Waste and Recycling

27 February 2015

Finnish nuclear operators had set aside a total of €2.38 billion ($2.67 billion) by the end of 2014 - up from €2.27 billion ($2.55 billion) by the end of 2013 and €2.16 billion ($2.42 billion) by the end of 2012 - for waste disposal and decommissioning activities, the country's Ministry for Employment and the Economy has reported.

Rusatom Overseas names key sub-suppliers for Hanhikivi 1

New Nuclear

21 January 2015

Rusatom Overseas has signed contracts with several suppliers that bid for work on the Hanhikivi nuclear power plant project in Finland. A subsidiary of state nuclear corporation Rosatom, Rusatom Overseas is responsible for promoting Russian nuclear technology on the global market.

Finland's TVO plans cost cuts of nearly $18 million

Corporate

09 January 2015

Teollisuuden Voima, the Finnish nuclear power company, plans to restructure its operations amid low wholesale electricity market prices.

Finnish regulator approves Posiva's waste repository plan

Waste and Recycling

12 February 2015

Olkiluoto repository 48Finland's radiation and nuclear safety authority has given its backing to Posiva's application to construct a final repository and waste encapsulation plant.

Russia approves $2.3 billion funding for Hanhikivi 1

Nuclear Policies

19 January 2015

Russia's Cabinet of Ministers has approved up to RUB150 billion ($2.3 billion) in funding from the country's sovereign wealth fund for the Hanhikivi 1 nuclear power plant project in Finland.

Parliament approves Fennovoima's amendment

New Nuclear

05 December 2014

The Finnish parliament today voted in favour of Fennovoima's supplement to the decision in principle regarding the construction of a new nuclear power plant in Pyhäjoki, Finland. The vote was carried by 115 to 74.