Name of the Project
Olkiluoto (OL) 3 European pressurised reactor (EPR) project.

Location
Western Finland.

Project Owner/s
Teollisuuden Voima Oyj (TVO).

Project Description
The project involves the construction of the OL3 nuclear power plant unit, which will include an EPR adjacent to the existing OL1 and OL2 units.

OL3 will have an output of about 1 600 MW and once operating at full capacity, will produce about 13 TWh/y of electricity and meet about 14% of Finland's electricity demand.

Potential Job Creation
Not stated.

Capital Expenditure
The project is estimated at more than €3-billion.

Planned Start/End Date
Grid connection is scheduled for October 2021, with regular electricity production due to start in February 2022. Regular electricity production will start in June 2022.

Completion of the reactor was originally scheduled for 2009, but the project has had various delays and setbacks.

Latest Developments
The OL3 EPR plant will start electricity production in the first half of February, instead of the previously estimated start at the end of January 2022.

The main reason for the delay is an unplanned automatic trip, which occurred on January 14. The causes leading to the automatic trip and corrective measures have now been dealt with, but they caused a delay in the test production programme that is currently proceeding normally.

Key Contracts, Suppliers and Consultants
Areva–Siemens Consortium, comprising Areva GmbH, Areva NP SAS and Siemens AG (plant supplier).

Contact Details for Project Information
TVO, tel  +358 2 83 811.