Project schedule
In 2009 Fennovoima submitted an application to the Finnish Government for a Decision-in-Principle for the construction of a new nuclear power plant.
The Finnish Government and Parliament gave Fennovoima a Decision-in-Principle in 2010. Therefore Fennovoima has the permit to build a new nuclear power plant.
In 2011 Fennovoima decided that the plant will be built to Pyhäjoki.
The reactor supplier will be selected in 2012 or 2013. The schedule of the whole project will be specified in the plant contract.
Fennovoima
Fennovoima is a nuclear power company founded in 2007. It is the third nuclear power company in Finland.
It is owned by a Finnish Voimaosakeyhtiö SF (2/3) and E.ON (1/3).
The Finnish majority shareholder is owned by 67 Finnish companies: dozens of local electric utilities and 15 companies in industry and trade.
Fennovoima works like a cooperative and will produce electricity for its owners' at production cost.
