Finland's Olkiluoto-3 nuclear reactor has successfully connected to the power grid, a significant milestone for the country's energy sector.
After a delay of 12 years, the reactor, located on the country's west coast, has become Finland's first new nuclear plant in more than 40 years and Europe's first in nearly 15 years.
The inauguration of Olkiluoto-3 has sparked a debate within the European Court of Justice, the European Parliament, and environmental organizations regarding the classification of nuclear power as sustainable energy. Some groups challenge the inclusion of nuclear power and gas as sustainable energy sources, arguing that green investments should not support these industries.
The Olkiluoto-3 reactor, built by the French-led Areva-Siemens consortium, utilizes the European Pressurized Reactor (EPR) model, designed for enhanced safety and cost reduction. Originally planned for operation in 2009, the project faced numerous technological challenges and cost overruns. The estimated cost rose from €3 billion to approximately €11 billion, making it one of the most expensive nuclear projects globally.
Despite its contentious nature, Olkiluoto-3 is expected to enhance Finland's electricity self-sufficiency and contribute to its carbon neutrality goals. Once regular energy production commences in July, the reactor will provide about 14% of Finland's energy, reducing the need for electricity imports from neighboring countries and potentially leading to lower prices.
While nuclear power remains controversial in Europe, with some countries phasing out their reactors, others, including France and Britain, are planning new nuclear projects. The recent Russian invasion of Ukraine has also prompted discussions on reducing Europe's dependence on Russian energy, with nuclear power being highlighted as a self-sufficient and cost-effective alternative.
Source: en.mercopress.com