The Finnish power utility Teollisuuden Voima (TVO) has finally commissioned the 1,600 MW Olkiluoto 3 EPR at the Olkiluoto nuclear power plant in south-western Finland, 13 years behind schedule.
Construction started in 2005 and was led by a consortium of Areva GmbH, Areva NP (now Orano) and Siemens under a fixed-price turnkey contract, for an expected commissioning in 2009. However, the project has been hit by repeated delays, rising costs (from an initial estimate of €3.2bn to around €11bn), and court disputes between the plant operator TVO and the construction consortium.
TVO connected the reactor to the Finnish grid in March 2022 and started generating electricity with an output of 103 MW, progressively ramping up to 1,600 MW. The reactor will now supply around 30% of Finland's electricity.
Interested in Power Plants?
Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.
Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.