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Finland's Fortum uses US nuclear fuel to cut Russia dependence
Anne Kauranen - Reuters -
02/09
Finnish utility Fortum said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian supply.
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LOVIISA, Finland, Sept 2 (Reuters) - Finnish utility Fortum (FORTUM.HE), opens new tab said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian supply.
Fortum's Loviisa power plant in Finland has depended on nuclear fuel from TVEL, a subsidiary of Russian state-owned power company Rosatom, but Fortum began looking to replace the this in 2022 after Moscow's full-scale invasion of Ukraine.
"The loading of the new fuel is a significant milestone that guarantees a reliable Western alternative for fuel," Fortum said in a statement, adding that the first Westinghouse fuel had been loaded during the power plant's annual outage in August.
"The safe and reliable operation of our Loviisa Nuclear Power Plant is crucial for Finland's security of supply".
Fortum's two nuclear reactors in Loviisa account for around 10% of total power production in Finland, which has expressed concerns over potential int... [Short citation of 8% of the original article]
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