{"id":11857,"date":"2015-05-13T12:00:00","date_gmt":"2015-05-13T09:00:00","guid":{"rendered":"https:\/\/vo.afonico-test.ru\/novosti-otrasli\/tvo-to-miss-olkiluoto-4-licence-application-deadline\/"},"modified":"2015-05-13T12:00:00","modified_gmt":"2015-05-13T09:00:00","slug":"tvo-to-miss-olkiluoto-4-licence-application-deadline","status":"publish","type":"post","link":"https:\/\/vosafety.ru\/en\/novosti-otrasli\/tvo-to-miss-olkiluoto-4-licence-application-deadline\/","title":{"rendered":"TVO to miss Olkiluoto 4 licence application deadline"},"content":{"rendered":"

Finnish utility Teollisuuden Voima Oyj (TVO) does not plan to submit a construction licence application for the fourth unit at its Olkiluoto plant before its 2010\u00a0decision-in-principle expires next month. The company had earlier sought an extension to that decision.<\/strong><\/h4>\n

Under Finnish law, government consideration and parliamentary ratification are required for a new nuclear reactor to ensure it is in society\u2019s overall interests. TVO applied for a government decision-in-principle in 2008\u00a0to construct a 1000\u20131800\u00a0MWe pressurized water reactor or boiling water reactor as the fourth unit at Olkiluoto. The government made a favourable decision for the reactor in May 2010. The parliament\u2019s ratification for that decision-in-principle was given the following month. That decision was valid for five years, meaning TVO must submit a construction licence application for the new reactor by 30\u00a0June.<\/p>\n

In a statement, TVO said today that its board of directors will propose to its shareholders meeting that a construction licence for Olkiluoto 4\u00a0is not applied for during the validity of the decision-in-principle made in 2010.<\/p>\n

The company said, \u201cThe proposal is justified by the delay of the start-up of Olkiluoto 3\u00a0plant unit. In this situation it is impossible to make significant Olkiluoto 4\u00a0related decisions necessary for the construction licence application within the current period of validity of the decision-in-principle\u201d.<\/p>\n

In May 2014, TVO requested a five-year extension to its 2010\u00a0decision-in-principle for Olkiluoto 4. Such an extension would have meant that the company would have had until the end of June 2020\u00a0in which to submit a construction licence application for the new unit. Delays in the start-up of unit 3\u00a0at Olkiluoto\u00a0\u2014 the first of a kind EPR\u00a0\u2014 prompted its request. The utility later asked the government to consider a new deadline for the end of March 2019.<\/p>\n

However, in September the government said that setting a new deadline for acquiring a construction licence for Olkiluoto 4\u00a0was \u201cnot in line with the overall good of society\u201d. In a 10\u20133\u00a0vote, the cabinet rejected TVO\u2019s request for an extension of its decision-in-principle.<\/p>\n

Five reactor designs had been under consideration for the new unit at Olkiluoto: Areva\u2019s EPR, GE-Hitachi\u2019s ESBWR, South Korea\u2019s APR1400, Mitsubishi Heavy Industries\u2019 APWR and Toshiba\u2019s ABWR.<\/p>\n

TVO president and CEO Jarmo Tanhua said, \u201cThere is still a need for emission-freebase-load power production in Finland. Olkiluoto 4\u00a0is important for us and therefore we will be prepared to apply for a new decision-in-principle.\u201d He noted, \u201cA decision on a new application submission will be made separately\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

Finnish utility Teollisuuden Voima Oyj (TVO) does not plan to submit a construction licence application for the fourth unit at its Olkiluoto plant before its 2010\u00a0decision-in-principle expires next month. The company had earlier sought an extension to that decision. Under Finnish law, government consideration and parliamentary ratification are required for a new nuclear reactor to…<\/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-11857","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":"\nTVO to miss Olkiluoto 4 licence application deadline - 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\/tvo-to-miss-olkiluoto-4-licence-application-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TVO to miss Olkiluoto 4 licence application deadline - 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