NUCLEAR POWER OVERALL GOOD FOR THE SOCIETY Finnish German Energy Day, 7th November 2012

Transcription

1 NUCLEAR POWER OVERALL GOOD FOR THE SOCIETY Finnish German Energy Day, 7th November 2012 Tanhua Jarmo Teollisuuden Voima Oyj

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3 EU ENERGY ROADMAP 2050 NUCLEAR POWER IN ALL SCENARIOS Consumption of electricity increases, particularly in transport sector. Increase in electricity consumption in transport sector equals production from fifty units of Olkiluoto 3 size. Nuclear power plays an important role in reduction of CO2 emissions. Scenarios that contain most nuclear power result in lowest costs. 3

4 POSITIVE ATTITUDES TOWARDS NUCLEAR POWER positive 42 % negative 23 % Development of pro-nuclear power attitudes in What is your general attitude towards nuclear power as en energy source in Finnish conditions? Gallup omnibus telephone survey Source: Finnish Energy Industries and TNS Gallup Oy 4

5 TVO AN EXPERIENCED PIONEER Private non-listed public company owned by Finnish utilities, sells electricity only to the shareholders at cost basis Reliable and steady electricity production for more than 30 years 1/6 of the electricity consumed in Finland 800 professionals and an extensive network of partners Turnover 347 M (2011) Electricity to owners at cost price Subsidiary: TVO Nuclear Services Oy A joint venture : Posiva Oy (TVO and Fortum Power and Heat Oy) 5

6 SAFETY IN THE CORE OF THE STRATEGY 6

7 A PERIOD OF MAJOR PROJECTS IN OLKILUOTO OL1 and OL2 continuous improvement thorough modernization projects Continuous safety improvement and power upgrade through modernization projects, both now 880 MW (originally 660 MW) 2018 renewal of operating licence OL3 - a new generation EPR reactor under construction towards commissioning OL4 at bidding and engineering phase All aspects of nuclear waste management on one island Operating waste repository 20 years Extension of interim storage for spent fuel Final disposal facility for spent fuel under preparation 7

8 OL1 AND OL2 RELIABLE AND STEADY PRODUCTION Annual production over 14 TWh Constant modernization projects Capacity factors rank in the global top Stress tests: No threats or defects requiring immediate safety improvements Strengths: Severe accident management system and several sources for power supply Development: surviving situations where all power supplies are lost simultaneously 8

9 OL3 9

10 OL3 - ADVANCED SAFETY, MODERN TECHNOLOGY Forerunner of new generation Modern 3rd generation nuclear power plant technology based on proven solutions Advanced safety features Reactor type EPR (PWR) Net power output ca. 1,600 MW Plant supplied by Consortium AREVA / Siemens 10

11 OL3 IN NOVEMBER 2012 Construction site Manpower about 3,300 Nuclear Island Main civil works finished All main components installed Piping and electrical installations ongoing I&C testing still ahead Turbine Island Construction work finished and system commissioning preparations ongoing 11

12 OL4 ENVIRONMENTALLY SOUND ELECTRICITY UNTIL FAR INTO THE FUTURE Decision-in-Principle (DiP) adopted on 1 July Infrastructure and land use plans in order Shareholders are committed to the Project Organisation and resources in place for OL4 Project Bidding and engineering phase has started The plant unit will fulfil global safety standards under preparation and new Finnish safety standards 12

13 OL4 - CURRENTLY IN BIDDING AND ENGINEERING PHASE Feasibility of plant alternatives for TVO and in Olkiluoto Different procurement models and execution modes Selection of plant unit Electricity production capacity MW Produces electricity for at least 60 years Experience gained from OL3 13

14 COMPLETE NUCLEAR WASTE MANAGEMENT ON ONE ISLAND SPENT FUEL INTERIM STORAGE FACILITY Cooling of fuel assemblies removed from the reactor building in water pools excavated in rock POSIVA: SPENT NUCLEAR FUEL REPOSITORY The underground research facility ONKALO is under construction, construction license to be applied in 2012 DECOMMISSIONING WASTE REPOSITORY Space reservation for decommissioning waste OPERATING WASTE REPOSITORY VLJ Final disposal of intermediate and low level waste 14

15 SUMMARY Nuclear Power in Finland Political decision to cut CO2 emmissions by nuclear power and renewable energy sources Nuclear Power Plant in operation Continuous improvement through modernization projects, Safety, Capacity, Economy, Lifetime Always 40 years technical lifetime ahead. New build OL3 civil construction works ready, commissioning to get started Next project (OL4) in bidding and engineering phase Spent nuclear fuel storages Extension of the interim storage ongoing Construction License for Final disposal facility to be applied in => Nuclear Power - Overall good for the society 15

16 KIITOS! 16