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Olkiluoto 3

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energy3 years ago•1 min saved

Finland's Delayed Nuclear Reactor Finally Comes Online, Boosting Energy Independence.

Olkiluoto 3, Europe's largest nuclear reactor, has started regular electricity production in Finland, 14 years later than planned. The reactor is expected to account for 30% of Finland's power generation and produce electricity for the next 60 years. The start of commercial operations at Olkiluoto 3 coincided with the end of the nuclear energy era in Germany, which took its last three nuclear power plants offline on Saturday. Many countries have moved to support nuclear power generation and construction since the Russian invasion of Ukraine after the war sparked concerns about energy security.

via OilPrice.com|

#energy #energy-security #finland

energy3 years ago•2 min saved

Europe's largest nuclear reactor finally begins commercial output in Finland.

Finland's Olkiluoto 3 nuclear reactor, Europe's most powerful by production capacity, has started regular output after a delay of 14 years from the original plan. The reactor will help Finland achieve its carbon neutrality targets and increase energy security. The project was plagued by several technological problems that led to lawsuits, and experts have put its final price tag at around 11 billion euros ($12 billion) — almost three times what was initially estimated. Finland now has five nuclear reactors in two power plants located on the shores of the Baltic Sea, covering more than 40% of the nation's electricity demand.

via ABC News|

#electricity #energy #energy-security