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Monday
Jul202015

New reactor in Finland estimated to start up nine years behind schedule

As reported by NucNet, the Finnish nuclear utility TVO has revealed its latest estimate for grid connection of its Olkiluoto-3 reactor in Finland: 2018. That's nine years late, a major part of the reason that the original price tag has also soared. The new reactor is a French Areva EPR (European Pressurized Water Reactor).

And, as reported by Politico, another proposed new reactor project in Finland -- HANHIKIVI 1 -- may have suffered a serious setback, due to Finnish authorities' concerns about a potential Croatian partner's shadowy ties to Russian business interests.