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Finland needs at most one more nuclear reactor by 2020: govt

by Staff Writers
Helsinki (AFP) March 16, 2009
Finland, which is currently building its fifth nuclear reactor, needs at most one more reactor in the next decade, Finland's economy minister told a Finnish newspaper on Monday.

"I don't want to forecast the decision in the autumn, but we need zero or at most one new nuclear reactor," Economy Minister Mauri Pekkarinen told daily Hufvudstadsbladet.

Three utility groups -- Fortum, Teollisuuden Voima (TVO) and Fennovoima -- have submitted applications to the government to build a new nuclear reactor in the Nordic country.

The government had refused to disclose whether one or several nuclear reactors need to be built and whether it would accept one or several applications.

The employment and economy ministry, responsible for energy matters, is expected to start processing the applications this spring, after which the government will make its decision.

The Finnish parliament also has to approve the plan.

Pekkarinen said calculations showed that Finland would need to build new energy capacity for around 28 terawatt hours by 2020.

However, he said this could possibly be achieved with the fifth nuclear reactor currently under construction in the southwestern town of Olkiluoto and by increasing the use of renewable energies such as wind and hydroelectric power.

Finland's fifth reactor, the world's first next generation pressurised water reactor, is being built by French firm Areva and Germany's Siemens.

The project has run into major delays and is now forecast to start producing electricity in 2012.

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Analysis: Nuke waste problem unsolved
Berlin (UPI) Mar 13, 2009
In Europe, nuclear power is undergoing a revival, but the problem of how to best store highly radioactive nuclear waste is still not solved.







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