Plant supplier updates the schedule of OL3-project

The plant supplier Areva-Siemens Consortium will perform a schedule review and provide Teollisuuden Voima Oyj (TVO) by an overall rebaseline schedule for the final phases of the project in June.

The modification outage work during the first quarter of the year at Olkiluoto 3 has not been progressing according to the updated schedule issued by the plant supplier Areva-Siemens Consortium in November 2018. Based on the information provided by the plant supplier the fuel will not be loaded to the reactor before the end of August.

According to the plant supplier’s schedule, nuclear fuel was planned to be loaded into the reactor in June 2019, the first connection to the grid was planned to take place in October 2019, and the start of regular electricity production of the OL3 EPR nuclear power plant unit was planned to take place in January 2020.

- Although this new schedule review informed by the plant supplier is disappointing of course, it is crucial that the commissioning tests will be performed with utmost care. We will have a modern and safe plant, and the final phases of the commissioning will be done in cooperation with the plant supplier, says Jouni Silvennoinen, Director of the OL3 Project.

OL3 plant supplier consortium is constructing the plant unit under a fixed-price turnkey contract. The supplier consortium companies, AREVA GmbH, AREVA NP SAS and Siemens AG, have joint and several liability for the contractual obligations until the end of the guarantee period of the plant unit.

For further information, please contact:

Jouni Silvennoinen, Senior Vice President, OL3 project

Interview requests:

Pasi Tuohimaa, Communication Manager, tel: +358 40 5445001

Teollisuuden Voima Oyj has produced electricity for its shareholders, Finnish industrial and energy companies, safely and reliably for 40 years. Nuclear electricity generated at TVO's Olkiluoto plant covers approximately one sixth, increasing to nearly one third once Olkiluoto 3 is completed, of the electricity consumption in Finland. Climate-friendly nuclear electricity not only benefits society but also reduces the environmental impact of energy production. Moreover, the world's first final disposal facility for spent nuclear fuel is under construction in Olkiluoto.