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Nuclear power in Finland

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  • 7 chapters

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Finland's nuclear reactors are among the world's most productive, with an average capacity factor of 95% in the 2010s.

Operational power plants

Reactors

Loviisa plant

Located in Loviisa, on the south coast (Gulf of Finland), the plant comprises two VVER-440 pressurized water reactors built by Soviet Atomenergoexport, but fitted with Western instrumentation, containment structures and control systems. The plant is owned and operated by Fortum. Electrical production started in 1977 and 1980, with the reactors now producing 507 MWe each. On 26 July 2007 new licenses were granted to Fortum to operate the units until 2027 and 2030, conditional on safety reviews before 2015 and 2023.

Olkiluoto plant

The Olkiluoto plant is owned by Teollisuuden Voima (TVO), and is located in Eurajoki, on the west coast, near Rauma. It has two boiling water reactors currently producing 890 MWe each. They were built by the Swedish company Asea-Atom (nowadays ABB), and went online in 1978 and 1980.

Areva has built a third reactor at the Olkiluoto site for a total cost of price of over €8.5 billion. It is a European Pressurized Reactor (EPR), and has a power output of 1,600 MWe. The reactor was originally scheduled to start production in 2009, but was delayed by 14 years. Regular electricity production started in April 2023.

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