Finland to build two new nuclear reactors

According to wire service reports, Finance Minister Jyrki Katainen said, “This [proposal] makes Finland 100% self-sufficient in energy. It provides Finnish industry electricity at an affordable cost.”

Electricity consumption in Finland is the highest in Europe, twice that of Germany, due to extreme cold that affects much of the country during the long winter. Finland’s current nuclear reactors provide 2,700 MW of electricity or about one-third of electricity demand. A new reactor being built at Olkiluoto will provide another 1,600 MW. The new reactors will add between 2,500 and 4,300 MW depending on the design chosen through competitive procurement. The designs being offered range in size from 1,000-to-1,700 MW.

The Energy Collective