The news: Finland has big plans for expanding its nuclear energy program to free itself of Russian energy, but a major roadblock stands in its way. Russian-state-owned nuclear power supplier Rosatom is under contract to build the Hanhikivi 1 nuclear plant project.
Given the war in Ukraine, the Finnish government stated it would be “absolutely impossible” to grant Rosatom construction permits, per Reuters.
More on Finnish energy: In March, Finland’s first new nuclear plant in 15 years opened. The Olkiluoto 3 nuclear reactor is expected to supply 14% of the country’s electricity demand at full capacity, per The Guardian.
What it means: Finland is one of many European countries grappling with how to rapidly shift away from dependence on Russian energy. The effort is fraught with barriers, mainly caused by a lack of sufficient planning.
The long view: As nations scramble to revise their energy strategies, Russia has for years been positioning itself as one of the world’s primary energy dealers that’s proving hard to quit. When it comes to sustainably powering society, ongoing technological research needs to accompany long-term development and geopolitical planning.
You've read 0 of 2 free articles this month.
685 Third Avenue21st FloorNew York, NY 100171-800-405-0844
1-800-405-0844[email protected]