TVO Nuclear Services to Advise Estonia’s Fermi Energia on SMR Project Development On 17 February 2026, TVO Nuclear Services (TVONS), a subsidiary of Teollisuuden Voima Oyj (ENS Corporate Member), announced a framework agreement with Fermi Energia, under which TVONS will act as a consultant for the Small Modular Reactor (SMR) project currently underway in Estonia.…
TVO – A Quarter of Finnish Electricity in 2025 Was Produced in Olkiluoto Teollisuuden Voima Oyj (TVO, ENS Corporate Member) announced that, in 2025, a total of 23.41 TWh of electricity was produced at the Olkiluoto nuclear power plant. The amount equals about a quarter of the Finnish electricity consumption. In particular, the newest plant…
TVO and the European Investment Bank Agree on Financing the Olkiluoto Investment Project Teollisuuden Voima Oyj (TVO, ENS Corporate Member) and the European Investment Bank (EIB) have signed a new loan agreement worth EUR 90 million to finance the investment project for the Olkiluoto 1 (OL1) and Olkiluoto 2 (OL2) plant units. Over the coming…
TVO and Fortum Supporting The Polish Nuclear Power Programme TVO Nuclear Services (a subsidiary of Teollisuuden Voima Oyj, ENS Corporate Member) and Fortum have signed a two-year framework agreement with Polskie Elektrownie Jądrowe (PEJ), a state-owned company responsible for the construction project of the first nuclear power plant in Poland. The goal of the agreement is…
Olkiluoto Hit New Production Record In 2023 In 2023, the Olkiluoto nuclear power plant produced a total of 24.67 TWh of low-carbon electricity, representing 31 % of the electricity consumed in Finland. TVO (Teollisuuden Voima Oy, ENS Corporate Member) declared that this is the highest production volume ever in the history of the site. The…
TVO Working On Extending Operating Licences At Olkiluoto NPP Teollisuuden Voima Oyj (TVO, ENS Corporate Member) has initiated an environmental impact assessment procedure (EIA) concerning the possible operating licence extension by at least 10 years and potential power uprating of the Olkiluoto-1 and Olkiluoto-2 plant units. At the moment, the plant units are licensed until…
New Record Support For Nuclear While OL3 Started Regular Electricity Production On Sunday, 16 April 2023, the Finnish nuclear operator Teollisuuden Voima Oyj – TVO (ENS Corporate Member) announced that Olkiluoto-3 completed the test production and it has started regular electricity production. From now on, Finland’s “greatest climate act” and Europe’s largest NPP unit produces…
Olkiluoto 3 Is Back Producing Low-Carbon Electricity For Finland Last Monday, Olkiluoto 3 (OL3) restarted producing low-carbon electricity for Finland, Teollisuuden Voima Oyj (TVO, ENS Corporate Member) announced on its official channels. The company said that maintenance and repair activities have been completed in the turbine island of the Olkiluoto 3 EPR plant unit. Test…
TVO Loaded Two Fuel Assemblies Equipped With 3D Printed Filters Teollisuuden Voima Oyj (TVO) plays a pioneering role in the utilisation of 3D technology in the nuclear industry. The company loaded two fuel assemblies equipped with 3D printed filters for the exclusion of foreign material in the reactor of Olkiluoto-2, during the refuelling outage carried out…
STUK Has Granted TVO The Permission For Startup Olkiluoto-3 The Radiation and Nuclear Safety Authority in Finland (STUK) has granted Teollisuuden Voima Oyj (TVO) the permission for making the reactor critical and conducting low power tests at Olkiluoto-3. The nuclear reaction in the OL3 EPR plant unit’s reactor will be initiated for the first time during…