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Loviisa power plant Photo: Fortum There are two active nuclear power plant units in the Loviisa nuclear power plant area. Fortum Power and Heat Oy owns the nuclear power plant units in Loviisa. The units were commissioned for commercial use in 197...https://tem.fi/en/loviisa-power-plant
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Operating licences of Loviisa 1 and 2 expire in 2027 and 2030 In 2006, Fortum Power and Heat Oy (Fortum) submitted to the Finnish government an application for the renewal of the operating licences of its nuclear power plant units Loviisa 1 and 2,...https://tem.fi/en/loviisa-1-and-2-operating-licence
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Environmental impact assessment report for Loviisa nuclear power plant On 14 January 2022, the Ministry of Economic Affairs and Employment released its reasoned conclusion on the environmental impact assessment report of Fortum Power and Heat Oy’s...https://tem.fi/en/loviisa-eia-report
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Responsible final disposal of spent nuclear fuel The spent nuclear fuel from the operational Finnish nuclear power plants is intended to be disposed of at a final disposal facility to be built in Olkiluoto, Eurajoki. The planned facility has an ab...https://tem.fi/en/final-disposal-of-spent-nuclear-fuel
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5. RRF energy investment aid projects granted aid A total of EUR 537.7 million has been reserved for energy investment aid under Finland’s Recovery and Resilience Plan. Funding is available to the following types of projects: Investments in energy...https://tem.fi/en/rrf-energy-investment-aid-projects-granted-aid
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Environmental impact assessment procedure for Loviisa nuclear power plant -EIA programme On 13 August 2020, Fortum Power and Heat Ltd submitted an environmental impact assessment programme (EIA programme) under the Environmental Impact Assessment ...https://tem.fi/en/loviisa-1-and-2-eia-programme
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Dismantling of FiR 1 research reactor to start in June 2023 The dismantling of the FiR 1 research reactor at the VTT Technical Research Centre of Finland Ltd. in Otaniemi, Espoo, started in June 2023. In June 2021, the Government granted VTT a lic...https://tem.fi/en/decommissioning-of-the-research-reactor
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Posiva to apply for an operating licence for a spent nuclear fuel disposal facility first in the world On 30 December 2021, Posiva Oy submitted to the Government an operating licence application referred to in the Nuclear Energy Act for an encapsu...https://tem.fi/en/posivas-operating-licence
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Nuclear facilities include nuclear power plants and facilities for nuclear waste management Finland has five active nuclear reactors with a combined gross output of approximately 4,400 MW. In total, the power plants produce more than 30 TWh of ele...https://tem.fi/en/nuclear-facilities-and-projects
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Russian attack on Ukraine Russia launched an attack on Ukraine on 24 February 2022. Finland has strongly condemned Russia’s military actions in Ukraine and supports Ukraine’s independence, sovereignty, self-determination and territorial integrity....https://tem.fi/en/russian-attack-on-ukraine
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16.2.2023 | On 16 February 2023, the Government granted an operating licence to Fortum Power and Heat Oy (Fortum) for nuclear power plants units Loviisa 1 (LO1) and Loviisa 2 (LO2), in accordance with the Nuclear Energy Act. The new operating licence allows energy production at the nuclear power plant units until the end of 2050. The current operating licences for Loviisa expire on 31 December 2027 (LO1) and 31 December 2030 (LO2).https://tem.fi/en/-/fortum-granted-licence-to-operate-loviisa-power-plant-units-until-end-of-2050
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13.6.2025 | The EU’s energy ministers will meet in Luxembourg on 16 June 2025 to discuss the roadmap towards ending Russian energy imports and to approve conclusions on strengthening the energy union by reinforcing energy security. Finland will be represented by Minister of Climate and the Environment Sari Multala.https://tem.fi/en/-/eu-energy-ministers-to-discuss-import-bans-on-russian-energy
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4.11.2025 | On 3 November 2025, the European Commission announced that 61 projects had been selected for funding under the latest Innovation Fund call for net-zero technologies. The projects will receive a total of EUR 2.9 billion in support. Five Finnish projects are among those selected: NotNukeOne, SCOOP, MAGHYC, NEXT HYDROMET and SB-VARKAUS.https://tem.fi/en/-/five-finnish-projects-to-receive-eu-innovation-fund-support-for-deployment-of-new-clean-technology-solutions
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30.3.2023 | On 30 March 2023, the Government granted Fortum Power and Heat Oy an operating licence for the disposal facility for low and intermediate level waste, located in the Loviisa power plant area. The new licence, which will be in force until 2090, will replace the current one expiring in 2055.https://tem.fi/en/-/government-grants-fortum-a-licence-to-operate-the-disposal-facility-for-loviisa-nuclear-power-plant-s-low-and-intermediate-level-waste
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13.3.2025 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2024 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.https://tem.fi/en/-/financial-statement-for-2024-of-national-nuclear-waste-management-fund-has-been-adopted
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18.3.2022 | On 18 March 2022, Fortum Power and Heat Oy submitted to the Government an application for an operating licence for its nuclear power plant units Loviisa 1 (LO1) and Loviisa 2 (LO2), in accordance with the Nuclear Energy Act. The operating licence would allow energy production at the units until the end of 2050 and, as required by preparations for their decommissioning, until the end of 2055. The current operating licences of the units are valid until 2027 and 2030.https://tem.fi/en/-/fortum-applies-for-an-operating-licence-for-lo1-and-lo2-plant-units-until-2050
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6.9.2021 | On 6 September 2021, Fortum [Power and Heat Ltd] submitted an environmental impact assessment (EIA) report to the Ministry of Economic Affairs and Employment that assesses the environmental impact of continuing the operation of, or alternatively, decommissioning the Loviisa nuclear power plant as well as the impact of the final disposal facility of low and intermediate-level waste.https://tem.fi/en/-/fortum-submits-to-the-ministry-of-economic-affairs-and-employment-an-eia-report-on-the-future-of-the-loviisa-nuclear-power-plant
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13.8.2020 | Fortum submits to the Ministry of Economic Affairs and Employment an EIA programme on the future of the Loviisa nuclear power planthttps://tem.fi/en/-/fortum-submits-to-the-ministry-of-economic-affairs-and-employment-an-eia-programme-on-the-future-of-the-loviisa-nuclear-power-plant
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15.9.2023 | The European Commission’s Commissioner for Energy, Kadri Simson, will visit Finland on 18–19 September 2023. During her visit, Simson will meet Prime Minister Petteri Orpo, Minister of Climate Change and the Environment Kai Mykkänen, Minister for European Affairs and Ownership Steering Anders Adlercreutz and members of Parliament’s Environment and Commerce Committees.https://tem.fi/en/-/eu-energy-commissioner-kadri-simson-to-visit-finland
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25.3.2024 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2023 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.https://tem.fi/en/-/financial-statement-for-2023-of-national-nuclear-waste-management-fund-adopted