Fortum’s Loviisa nuclear power plant had a good production year 2013

PRESS RELEASE 2 January 2014

2013 was a good production year for Fortum’s Loviisa nuclear power plant. The
plant produced a total of 8.04 terawatt hours, which is approximately nine per
cent of Finland’s total electricity production. The load factor, which depicts
the power plant’s availability, was 92.5% with Loviisa 1’s load factor 92.1%
and Loviisa 2’s 93%. On an international scale, the load factor was good,
compared to the load factor for pressurised water power plants worldwide,
approximately 83% last year.

After the previous year’s extensive annual outage, in 2013 there were short
refueling outages at both plants. The annual maintenance lasted 19 days at
Loviisa 1 and 16 days at Loviisa 2. In addition, there were three repair
outages during the year at the Loviisa nuclear power plant which lasted
approximately nine days altogether. The reasons for the repair outages were a
fault in a control rod bearing at Loviisa 2 and an electrical fault in a
control rod motor as well as an internal leak in a cylinder head gasket in the
emergency cooling system valve at Loviisa 1.

"We expect continual improvement in all areas of our safety goals. The lowest
radiation doses in the history of the power plant in proportion to the
maintenance and repair work performed during the year was an excellent
achievement in 2013. The efforts of all employees are necessary for successful
planning and realization of work," says technical and development unit manager
Thomas Buddas.

Several significant investment projects are underway at the Loviisa power plant
to ensure the safe, reliable and profitable electricity production through the
end of the operation permit, i.e. until 2027 and 2030.

"It is estimated that the renewal of turbines and reheaters will increase the
production capacity by 29 MW. In 2014, a sea-water independent cooling system
will be constructed, which will improve the safety of the power plant in
extreme conditions. In addition, we have pending numerous smaller improvement
projects which will keep the employees of the power plant busy during the
coming years," says Thomas Buddas.

Loviisa power plant is an important employer in the area, providing work for
528 Fortum employees as well as approximately 100 permanent employees of other
companies. In addition, the annual outages have a remarkable effect on the
employment in the area. In 2013, 650 contractors (of whom 620 domestic) and 50
companies participated in the annual outage.

Fortum Corporation
Corporate communications

Additional information:
Thomas Buddas, technical and development unit manager, Fortum, tel. +358 50 455


Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.

Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2012, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.7 billion.
We employ approximately 10,400 people. Fortum’s shares are quoted on NASDAQ OMX

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