Loviisa nuclear power plant modernisation, Finland

5th July 2024 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Loviisa nuclear power plant modernisation, Finland

Loviisa nuclear power plant
Photo by: Fortum

Name of the Project
Loviisa nuclear power plant (NPP) modernisation.

Location
Finland.

Project Owner/s
Fortum.

Project Description
The total electricity production capacity of the units is currently 1 014 MW, but the modernisation of the turbines will increase plant capacity by about 38 MW, consequently increasing the output of the power plant during its lifetime by about 7 TWh.

The modernisations are part of the lifetime extension-related investments, constituting continuous improvements to ensure reliable electricity production until the end of the plant’s lifetime.

The project includes the renewal of eight low-pressure turbine housings and their internal parts. 

The project will significantly improve the efficiency of the turbine plant’s electricity production without increasing the thermal output of the reactor.

Potential Job Creation
Not stated.

Capital Expenditure
The investments related to the lifetime extension will amount to about €1-billion by 2050. Over the past five years, Fortum has invested about €200-million in refurbishing the Loviisa power plant.

Planned Start/End Date
The modernisation will start in 2026.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
Doosan Škoda Power (turbine modernisation).

Contact Details for Project Information
Fortum, tel +358 10 4511.