World’s Most Powerful Nuclear Power Plant Under Construction at Olkiluoto [At least 2 years behind schedule; US$1.5billion over budget!]
Finland’s Prime Minister recently declared: “I don’t see that nuclear plants can be a global answer [to climate change.]” He added: “It can not be the only answer.”
Is he pained, frustrated and bitter because just a few days ago his country’s biggest power plant had a reactor scram [rapid emergency shutdown of a nuclear reactor] due to the “wrong” type of ice blocking the cooling system inflow (see below)? OR does he whine and lament because Finland’s Olkiluoto 3, their fifth nuke plant, is at least 2 years behind schedule and about 22 percent, €700million (~ US$1billion), over budget (and that doesn’t include the cost of decommissioning)?
Production cost of electricity from the 1600MW Olkiluoto 3 plant? Take a guess, any figure higher than US$4,000/kW could do. [That would be pure speculation, of course!]
TVO Press Release 5 January, 2008
[quote] Production break at the Olkiluoto 2 unit
The Olkiluoto power plant unit OL2 had a reactor scram this morning when frazil ice at the sea water intake screens weakened sea water flow. Warm water is circulated to the intake channel to melt down frazil ice. During the production break also other prepair work will be done at the unit and the unit is expected to be reconnected to the main grid on Sunday.
The incident did not have any safety or environmental impacts.
For further information, please, contact:
Mr Mikko Kosonen, Senior Vice President, Production,
tel. + 358 50 358 9266.
[unquote]
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