A good and safe production year 2015 at Fortum’s Loviisa nuclear power plant – sizeable investment programme progressed as planned

Fortum’s Loviisa nuclear power plant had a successful production year in 2015.

A total of 8.47 terawatt hours of power was generated, corresponding to about

13 per cent of total energy generation in Finland. On an international scale,

the 92.9% load factor of the Loviisa nuclear power plant was among the best in

the world for pressurised water reactor power plants. Loviisa unit 1’s load

factor was 92.7% and Loviisa unit 2’s 93.1%. Loviisa 1’s production output was

the fourth highest in the history of the plant.



Both units underwent a short outage during which one quarter of the fuel in

both units was replaced. Unit 1 was out of production for 21 days and Unit 2

for 17 days. In addition to the normal scheduled maintenance and fuel

replacement, the turbine reheaters were replaced on both units which improve

the reliability as well as the efficiency of the power plant.



“The investment programme currently being carried out at the Loviisa nuclear

power plant is the most extensive in the plant’s history. The programme aims to

secure safe, reliable and profitable energy generation for the duration of the

operating licenses, i.e. until 2027 and 2030. The most significant investments

are related to the renewal of the power plant automation, continuous

improvement of safety and refurbishment of the turbine generators,” says

Loviisa Power Plant Deputy Director Thomas Buddas.



Among the most significant of the investments to improve plant safety were the

backup cooling system that is independent of seawater and the diesel fuel

storage and distribution system. Both investments improve safety in the event

of extreme natural phenomena and in potential oil spills in the Gulf of

Finland. With these improvements, the plant can operate without outside

assistance for at least three days.



Fortum's investments in the Loviisa power plant in 2015 were at the same level

as in 2014 (approximately EUR 80 million). The investment programme will

continue to be significant also in the coming years.



The Loviisa power plant has a good safety level, and the plant’s safety and

availability are developed in line with the continuous improvement principle.

In 2015 there were no significant safety related incidents (on the INES scale

used by the International Atomic Energy Agency (IAEA)) at the Loviisa power

plant.



Loviisa nuclear power plant is a major employer in the region, providing work

for over 500 Fortum employees and some 100 permanent employees of other

companies working in the plant area every day. Additionally, a total of 750

contractor employees, 90% of them Finns, participated in the annual outages and

projects in 2015.



“As a carbon dioxide-free production form, nuclear energy curbs climate change.

The Loviisa power plant contributes with steady and reliable base-load

electricity, which improves energy security of supply for society and supports

the increase of renewable energy in the energy system,” Buddas concludes.



Fortum Corporation

Corporate Communications



Further information:

Thomas Buddas, Deputy Director, Loviisa Power Plant, Fortum, tel. +358 50 455

3710

www.fortum.com/loviisa

www.fortum.com/lovisa



Fortum

Fortum’s purpose is to create energy that improves life for present and future

generations. Fortum’s expertise is in CO2-free and efficient electricity and

heat production. The company also offers energy-related products and expert

services to private and industrial customers and energy producers. Fortum’s

main areas of operation are the Nordic and the Baltic countries, Russia and

Poland. In 2014, the annual sales (excluding the divested electricity

distribution business) totalled EUR 4.1 billion, and comparable operating

profit was EUR 1.1 billion. The company employs approximately 8,000 people.

Fortum’s share is listed on Nasdaq Helsinki. www.fortum.com