2002-05-24_Finnlands_Entscheidung

Berlin, 24.05.2002

The Finnish parliament today decided on the construction of a new (fifth) nuclear power plant. By this, members of parliament in Helsinki followed one of the government`s decisions of general principle passed in January 2002. The German Atomic Forum appraised the result of the vote as a wisely decision of vision. "The Finns managed to find - under careful consideration of all aspects - a responsible solution to their pressing energy supply problems", as Dr. Gert Maichel, president of the German Atomic Forum, commented on today`s decision. "Considering the construction of new nuclear power plants, which will soon become necessary, Finland`s decision definitely points the way for Europe" Maichel emphasized. The decision showed that the option of nuclear power cannot be a priori excluded.

The new Finnish reactor will be financed exclusively by the power utility Teollisuuden Voima Oy (TVO), without any support on the part of the state. According to the company, investment costs will amount to 1.7 to 2.5 billion euros, depending on the productivity of the new facility. "The construction of a new Finnish nuclear power plant is clear evidence for the profitability of nuclear power in a liberalised energy market", Maichel continued. For this, long-term stable and calculable economic conditions were the prerequisites needed.

According to estimations of the Finnish energy industry association (Finergy), domestic demand is expected to rise up to 97 billion kilowatt hours until 2015, thus amounting to an increase of more than 20 % compared with 1999. Taking into account the shutdown of older facilities, Finland will have to provide for an additional demand of 3,800 megawatts production capacity. The new reactor will contribute considerably to meet this demand. Moreover, will it reduce dependency on raw materials from abroad and, at the same time, help to meet the goals set for climate protection.

DEUTSCHES ATOMFORUM E.V.

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