Regulator Extends Licenses For Olkiluoto NPP 1 and 2

While delays have pushed back the expected start date for the Olkiluoto 3 reactor in Finland to 2019, the two predecessors at the power plant, Olkiluoto 1 and 2, have been granted license extensions that will allow them to operate until 2038, the plant’s operator has said.

Olkiluoto NPP 1 and 2Finnish government gave its approval for the extended operating licenses on September 20 said Teollisuuden Voima Oyj, the plant’s operator.

STUK, the Finnish regulator – the Radiation and Nuclear Safety Authority – extended a statement, as well, prior to the decision, deeming TVO’s operations “safe and lawful”

”The company has the necessary prerequisites, procedures, expertise and resources to continue the safe use of OL1 and OL2 plant units by 2038,” STUK said.

The license extensions mean that, with the completion of OL3 plant unit, production at the three-reactor facility will be able to meet about 30 percent of Finland’s electricity demand, TVO said.

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