Project schedule
Fennovoima was founded in 2007. The company has 64 owners.
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 Government granted Fennovoima a Decision-in-Principle on May 2010. Parliament approved the Government's Decision-in-Principle on July 1st 2010.
Fennovoima will choose the location of the plant early 2011. Permit and construction phase is to begin in 2012.
The nuclear power plant starts its electricity production in 2020 the latest.
Fennovoima
Fennovoima is a Finnish energy company founded in 2007. The company's objective is to build a new nuclear power plant in Finland and produce reasonably-priced electricity for its owners.
Fennovoima's majority shareholders are local energy companies and companies representing industry and the retail sector using electricity. E.ON Nordic is a minority shareholder.
