The Planned Fifth Nuclear Reactor in Finland, and its Institutional Framework

Anneli Nikula and Martti Kätkä

Energy & Environment, 2004, vol. 15, issue 2, 215-221

Abstract: The institutional framework and the role of the companies are of key importance in considering an investment in new nuclear capacity in a country. In Finland, Teollisuuden Voima Oy (TVO) is a privately owned power company, which supplies electricity to its shareholders at cost. TVO received 24.5.2002 a positive decision in principle from the Finnish Parliament, which enables the construction process of a new nuclear unit. In this paper the arguments for more nuclear power and cost comparison of power generation are described. Also the capacity in Finland and Scandinavia, the need of new power plants and the political decision process of a new nuclear unit are discussed. One argument of TVO's application was the need of competitive and CO 2 free generating capacity. The higher than expected growth of electricity consumption, the rise of electricity price and the increase in carbon dioxide emissions have made these arguments even more valid.

Keywords: Nuclear power; power company; Finland (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1260/095830504323153414 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:engenv:v:15:y:2004:i:2:p:215-221

DOI: 10.1260/095830504323153414

Access Statistics for this article

More articles in Energy & Environment
Bibliographic data for series maintained by SAGE Publications ().