Finland Times

 

Fennovoima CEO Toni Hemminki and CEO of Posiva Solutions Mika Pohjonen (right.) in Helsinki on Wednesday after signing the deal. Photo – Lehtikuva.

Nuclear power company Fennovoima on Wednesday announced it had signed agreement with Posiva Solutions Ltd, a subsidiary of Posiva on expertise to be utilized in Fennovoima’s final disposal of spent nuclear fuel.

 

The government said the cooperation involves research and development tasks connected with the final disposal of spent nuclear fuel, the aim being that Fennovoima will be in a position to submit an application for a decision-in-principle concerning the final disposal of its own spent nuclear fuel.

 

“I am very pleased about the start of this partnership. Final disposal requires a diversity of broad-based know-how and expertise. The partnership allows Posiva's expertise to be used to good effect in Fennovoima's final disposal project,” Minister of Economic Affairs Olli Rehn was quoted in a statement issued by Fennovoima.

 

Fennovoima's CEO Toni Hemminki said the company considers the best in nuclear waste management.

 

“Our goal is to achieve long term cooperation with Posiva and the parties liable for nuclear waste management (TVO and Fortum),” said Hemminki.

 

The government said that Fennovoima has chosen Eurajoki and Pyhäjoki as the alternative locations for its final disposal site. 

 

In the construction licence application for the Hanhikivi 1 nuclear power plant, Fennovoima proposed that it would not choose the final disposal site until the facility's decision-in-principle stage in the 2040s.

 

However, at this stage the final disposal site has not yet been selected.