Nuclear, Reactors

Finland says no to Fortum’s plan to build Loviisa 3 nuclear reactor

21 April 2010 – The Finnish Government has decided that it will give a negative decision-in-principle on Fortum’s application concerning the construction of a new nuclear power plant unit, Loviisa 3, on the island of Hästholmen in Loviisa.
 
Formally, the decision will be made in early May, the Finnish utility said in a statement. A spokesman said “Fortum very much regrets the Government’s decision. Loviisa 3 would have been undeniably the best choice for the whole Finnish society and it would have required a positive decision now.”
 
Fortum currently has two nuclear power units in Loviisa with operating licenses only until the latter part of the 2020s.