Finnish govt grants permissions for 2 MORE nuclear reactors.
HELSINKI, April 21 (Reuters) - Finland's government granted on Wednesday a permission to utility Teollisuuden Voima (TVO) and consortium Fennovoima to build new nuclear power stations, but rejected Fortum's (FUM1V.HE) application.
"We are giving a strong signal to the industry that it is worthwhile to invest in Finland. Granting one (nuclear reactor) permission is not enough," Mauri Pekkarinen, Minister of the Economy, told a news conference.
He added the aim was to get rid of Finland's dependency on electricity imports from neighbouring countries, especially Russia and to cut CO2 emissions.
http://www.reuters.com/article/idUSLDE63K0IB20100421Just to put it into perspective. Finland has 4 reactors and is building a fifth one. 2 more reactors is a 40% expansion of nuclear energy. It would be like the US building another 40 reactors.
So substantial nuclear energy, building more, planning even more, they have begun construction on a deep geological repository which has enough capacity to handle spent fuel for next 100 years of nuclear energyr. Yup sure seems like Finland is abandoning nuclear power.
I guess Finland didn't get the memo. I am sure our resident nuclear energy haters will straighten them out! Next we will here how "right wing" Finland is. :rofl:
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