Press release

Fortum and TVO to provide expert services for Poland’s nuclear power program

13 February 2024, 12:00 EET

FORTUM CORPORATION PRESS RELEASE 13.02.2024

Fortum together with TVO Nuclear Services have signed a two-year service framework agreement with the Polish Polskie Elektrownie Jądrowe (PEJ), a state-owned company responsible for the construction project of the first nuclear power plant in Poland.

The scope of the framework is to support PEJ in the development of operation and maintenance processes of the new nuclear power plant. Fortum’s Nuclear Services and TVO Nuclear Services will provide technical support e.g. for the licensing and design phase of the plant and help PEJ to develop its own internal capabilities to become an operator of a nuclear power plant. 

“Both Fortum and TVO have unique nuclear owner and operator experience and competencies spanning over many decades, which differentiates us from many of the other service providers. We are happy that we are together able to contribute to Poland’s energy transition with our strong competences,“ says Anni Jaarinen, Vice President, Nuclear Services at Fortum.

“We highly value the opportunity to support the customer and utilise our long-term expertise with new built projects as well as nuclear power plant operation and asset life- cycle management, most recently the Olkiluoto 3 project (PWR, 1600 MW)," says Ari Leppänen, Managing Director of TVO Nuclear Services.

PEJ is responsible for the preparation of the investment process for the construction of the first Polish nuclear power plant with a capacity of up to 3,750 MW. Based on the Polish Nuclear Power Program the development of nuclear power is one of the pillars of Poland’s energy transition, which involves construction of safe and modern Generation III(+) pressurized water reactors (PWR).

Fortum’s Nuclear Services has more than 40 years of experience in designing, licensing and operating nuclear facil­ities and supplying related services and technologies. Our expertise covers the whole life-cycle of nuclear power plants from new builds to decom­mis­sioning and final disposal of nuclear waste.

TVO Nuclear Services provides consultation and advisory services for nuclear industry.
Services include e.g. new build projects (NPP, SMR), performance improvement, asset life-cycle management and nuclear safety.


Fortum Corporation
Communications


Further information:

Fortum: Fortum News Desk: +358 40 198 2843, newsdesk [at] fortum [dot] com

TVO: Ari Leppänen, Managing Director, TVO Nuclear Services, ari [dot] leppanen [at] tvo [dot] fi ,+358 50 313 3112


Fortum 
Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets. We generate and deliver clean energy reliably and help industries to decarbonise their processes and grow. Our core operations in the Nordics comprise of efficient, CO2-free power generation as well as reliable supply of electricity and district heat to private and business customers. For our ~5 000 employees, we commit to be a safe, and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com


TVO
Teollisuuden Voima Oyj has produced electricity for its shareholders, Finnish industrial and energy companies, safely and reliably for over 40 years. Nuclear electricity generated at TVO's Olkiluoto plant covers approximately 30 percent of Finland’s electricity demand once Olkiluoto 3’s regular electricity production has started. Climate-friendly nuclear electricity not only benefits society but also reduces the environmental impact of energy production. Moreover, the world's first final disposal facility for spent nuclear fuel is under construction in Olkiluoto.