Energy Authority issues decision on costs of Olkiluoto 3 system protection
The Energy Authority of Finland issued yesterday, 30 December, a decision on the sharing of the costs of Olkiluoto 3’s (OL3) system protection* between Teollisuuden Voima (TVO) and national grid company Fingrid. Under the decision, Fingrid, which is responsible for system protection, can charge the majority of the costs caused by system protection to TVO as a service fee.The system protection enabling the full power production of OL3 is according to the decision of the Energy Authority of Finland issued in January 2024 the responsibility of Fingrid. The yesterday decision of the Energy