{"id":11776,"date":"2013-12-23T12:00:00","date_gmt":"2013-12-23T09:00:00","guid":{"rendered":"https:\/\/vo.afonico-test.ru\/novosti-otrasli\/hanhikivi-agreements\/"},"modified":"2013-12-23T12:00:00","modified_gmt":"2013-12-23T09:00:00","slug":"hanhikivi-agreements","status":"publish","type":"post","link":"https:\/\/vosafety.ru\/en\/novosti-otrasli\/hanhikivi-agreements\/","title":{"rendered":"Hanhikivi agreements"},"content":{"rendered":"<h4><strong>Fennovoima has firmed up its selection of Rosatom to supply a nuclear power plant at the new Hanhikivi site, but a final investment decision remains to be made.<\/strong><\/h4>\n<p>A round of agreements was announced on 21\u00a0December as the result of exclusive negotiations between Fennovoima and Rosatom that began in July. The Russian supplier said the deals \u201cdefine areas of cooperation\u2026 the terms of liability and the ratio of shares in the project\u201d. Another agreement between Fennovoima and TVEL covers the nuclear fuel required by the plant.<\/p>\n<p>On offer is a single-unit nuclear power plant using a Gidropress-designed AES-2006\u00a0VVER pressurized water reactor. It would produce 1200\u00a0MWe at Hanhikivi near the municipality of Pyhajoki on Finland\u2019s west coast.<\/p>\n<p>Rosatom will take a stake of 34%, the major share previously held by Germany\u2019s EOn, and will support the project by arranging debt finance for the plant\u2019s construction. Rosatom has not announced what it would do with its share of electricity the plant will produce.<\/p>\n<p>The majority of Fennovoima\u2019s 46\u00a0shareholders agreed to continue with the project in November. They will each take power from the plant at cost price in proportion to their ownership. Fennovoima explained this non-profit business model and confidently stated the cost of power for its shareholders would be \u201cless than \u20ac50\u00a0($68.50) per MWh\u201d when it starts operation in 2024.<\/p>\n<p>Fennovoima said it would take the final investment decision in February 2014. It already has the government decision-in-principle it needs to start construction, but did not say when construction might actually start. The stated operation date of 2024\u00a0indicates a few years\u2019 wait.<\/p>\n<p>Hanhikivi would be sixth nuclear reactor generating power in Finland and, along with Olkiluoto 3, could take nuclear to a share of power generation of around 50%. A further reactor is proposed at Okliluoto that could push the share higher still.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fennovoima has firmed up its selection of Rosatom to supply a nuclear power plant at the new Hanhikivi site, but a final investment decision remains to be made. A round of agreements was announced on 21\u00a0December as the result of exclusive negotiations between Fennovoima and Rosatom that began in July. The Russian supplier said the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-11776","post","type-post","status-publish","format-standard","hentry","category-novosti-otrasli"],"translation":{"provider":"WPGlobus","version":"3.0.6","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hanhikivi agreements - JSC \u201cVO \u201cSafety\u201d<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vosafety.ru\/novosti-otrasli\/hanhikivi-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hanhikivi agreements - 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