Teollisuuden Voima Oyj Interim Report January-June 2020

During the first half of 2020, Teollisuuden Voima’s (TVO) electricity generation at Olkiluoto 1 and Olkiluoto 2 plant units continued safely and reliably.

The annual outages at the Olkiluoto NPP were carried out with special arrangements in place in order to prevent coronavirus infections on the power plant site. The maintenance outage implemented at the OL1 plant unit was adjusted in scope and duration from the original plan due to the exceptional circumstances. OL2 plant unit underwent a refuelling outage.

TVO has received interim information of the rebaseline schedule for the commissioning of the Olkiluoto 3 EPR plant unit (OL3 EPR) from the plant supplier Areva–Siemens Consortium. The schedule work is estimated to be completed in August 2020. The installation of the electrical systems, the instrumentation and control system (I&C), and the mechanical systems are continued at the Olkiluoto 3 site as the plant unit is prepared for the loading of nuclear fuel.

The construction works of Posiva’s encapsulation plant and final disposal facility proceeded as planned.

TVO Group has taken extensive measures to prevent the spread of coronavirus (COVID-19) infections. Despite of coronavirus restrictions, work has been able to continue under special arrangements.

​Please find the full Interim Report January–June 2020 tvo.fi web pages.

Teollisuuden Voima Oyj
Anja Ussa, Senior Vice President, Finance, Tel. +358 50 342 3464

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.