Teollisuuden Voima
Encyclopedia
Teollisuuden Voima Oyj is a Finnish
nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima
and Fortum
. The company operates Olkiluoto Nuclear Power Plant, which consists of two BWRs (boiling water reactors
), an EPR (European Pressurized Reactor
) which is still under construction, and one half of a coal-fired power plant along with a wind farm
.
On 21 April 2010, the Government of Finland decided to grant a permit for construction of a new reactor at Olkiluoto. The decision was approved by the Parliament on 1 July 2010.
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima
Pohjolan Voima
Pohjolan Voima Oy is the second biggest Finnish energy company, which owns hydropower and thermal power plants . Pohjolan Voima is a founder and main shareholder of the Olkiluoto Nuclear Power Plant operator Teollisuuden Voima Oy...
and Fortum
Fortum
Fortum Oyj is a Finnish publicly listed energy company, which focuses on the Nordic and Baltic countries, Poland and the north-west of Russia. After acquisition of Russian energy company TGC-10 in year 2008, Western Siberia has become an important operating area for Fortum. The head of the company...
. The company operates Olkiluoto Nuclear Power Plant, which consists of two BWRs (boiling water reactors
Boiling water reactor
The boiling water reactor is a type of light water nuclear reactor used for the generation of electrical power. It is the second most common type of electricity-generating nuclear reactor after the pressurized water reactor , also a type of light water nuclear reactor...
), an EPR (European Pressurized Reactor
European Pressurized Reactor
The EPR is a third generation pressurized water reactor design. It has been designed and developed mainly by Framatome , Electricité de France in France, and Siemens AG in Germany...
) which is still under construction, and one half of a coal-fired power plant along with a wind farm
Wind farm
A wind farm is a group of wind turbines in the same location used to produce electric power. A large wind farm may consist of several hundred individual wind turbines, and cover an extended area of hundreds of square miles, but the land between the turbines may be used for agricultural or other...
.
On 21 April 2010, the Government of Finland decided to grant a permit for construction of a new reactor at Olkiluoto. The decision was approved by the Parliament on 1 July 2010.