THE NUCLEAR POWER PROJECT of Fennovoima in Pyhäjoki, North Ostrobothnia, is set to be delayed further, writes YLE. The Finnish consortium of power and industrial companies stated last week that its effort to ensure the design and licencing materials meet the Finnish standards has taken longer than expected, predicting that a building permit for the plant could be secured by mid-2022 instead of 2021. The construction would therefore start in the summer of 2023 and the plant start commercial operation in 2029. The timetable is set forth in a supplement attached last week to the building permit application the consortium filed with the Ministry of Employment and the Economy in 2015. Fennovoima, the supplement reveals, has also raised its cost estimate for the project from 6.5–7.0 to 7.0–7.5 billion euros, citing its own operational and administrative costs.
Helsinki Times 4th May 2021 read more »