Finland's Loviisa Nuclear Power Plant Signs 22-Year Power Purchase Agreement with Google
On September 9, 2026, Google announced that it will invest at least 13 billion euros in Finland over the next two years for artificial intelligence infrastructure construction. The investment includes building and expanding data centers in Finland, along with supporting energy projects. Among them, Google signed a 22-year power purchase agreement with Finnish energy company Fortum to purchase up to 50% of the electricity generated by the Loviisa Nuclear Power Plant. Google President and Chief Investment Officer Ruth Porat stated that this arrangement is Google's first nuclear energy deal outside the United States. Google said this investment is its largest single investment in Europe, and the related infrastructure will support services including Gemini, Search, Maps, and YouTube. Lovi...
2026-09-10
Finland's Loviisa Nuclear Power Plant Launches Turbine Island Upgrade to Support Operation Until 2050
Finnish utility Fortum has launched a large-scale modernization project for the turbine island at the Loviisa Nuclear Power Plant. The project aims to increase the plant's electrical output and ensure the continued, safe, and reliable operation of both units through the end of 2050 under the new operating licenses. The Loviisa plant consists of two VVER-440 pressurized water reactor units and is Finland's first nuclear power plant, currently supplying more than 10% of the country's electricity. Unit 1 entered commercial operation in 1977, followed by Unit 2 in 1981, and the Finnish government approved the extended operating licenses in February 2023. The core of this upgrade is the modernization of the low-pressure turbines, which is the largest single undertaking in the Loviisa turbine island upgrade...
2026-08-12
Annual outage maintenance of Loviisa Nuclear Power Plant begins on August 2
Fortum, the Finnish state-owned energy company, announced that the annual outage maintenance of the Loviisa Nuclear Power Plant will commence on August 2, starting with Unit 2 and then transitioning to Unit 1. The maintenance is scheduled to continue until October 18. During this period, the two units will be taken offline for maintenance in rotation, with the other unit remaining in operation. As planned, Unit 2 will undergo a major annual overhaul conducted every eight years. During the maintenance, staff will unload the reactor fuel, inspect and pressure test the reactor pressure vessel, replace approximately one-quarter of the fuel, and complete a series of equipment maintenance and servicing tasks. Unit 1 will undergo a shorter routine annual maintenance, primarily involving fuel replacement and related maintenance work.
2026-07-30