FORTUM SUBMITS ENVIRONMENTAL IMPACT ASSESSMENT PROGRAMME REGARDING A NEW NUCLEAR POWER PLANT IN LOVIISA TO THE MINISTRY OF TRADE AND INDUSTRY

Press release

On Tuesday, 26 June 2007, Fortum submitted to the Ministry of Trade and Industry the Environmental Impact Assessment (EIA) programme regarding a new nuclear power plant possibly to be built at Hästholmen island in Loviisa, Finland. Fortum will compile the actual EIA report based on this programme and the statements received about it. The EIA report will be submitted to the Ministry by summer of next year. The subject of the EIA process is the construction of a new, 1000-1800 MW nuclear power plant.

Based on the programme submitted to the Ministry of Trade and Industry and the statements received about, in the actual EIA Fortum will evaluate the new nuclear power plant’s impacts on the environment, on the health and safety of people, and on the local community and economy. Special attention will be focused on the interaction with the people and parties the project will impact and on evaluating the environmental impact of the cooling water.

By launching the EIA process, Fortum is preparing for the construction of new, climate-benign and domestic energy production. Curbing climate change is one of society’s most critical challenges and to combat it, energy conservation as well as investments into renewable energy sources and carbon dioxide-free energy production, such as nuclear power, is needed. Fortum is among Europe’s cleanest power companies. More than 80% of the company’s electricity generation is carbon dioxide-free and more than 40% comes from renewable energy sources.

Nuclear power is a climate-benign form of energy that does not generate carbon dioxide emissions. If the 206 TWh of nuclear power generated during Loviisa power plant’s 30 years of operation (units 1 and 2) would have been generated in a modern coal condensing plant, 173 million tonnes of carbon dioxide would have been released into the atmosphere.

Fortum has responsibly produced nuclear energy as part of the local Loviisa community for more than thirty years.

Fortum Corporation
Corporate Communications

Further information:
Heikki Raumolin, Director, tel. +358 50 4533991
Reko Rantamäki, Project Manager, tel. +358 40 8297587
Peter Tuominen, Development and Communications Manager, tel. +358 50 4524760