A successful and safe production year 2016 at Fortum’s Loviisa nuclear power plant - electricity generation capacity increased by 12 MW

Fortum’s Loviisa nuclear power plant had a successful production year in 2016.

A total of 8.33 terawatt hours of power was generated, corresponding to about

13% of the total energy generation in Finland. On an international scale, the

91.1% 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 88.6% and Loviisa unit 2’s 93.5%. Loviisa 2’s production output was the

second highest in the history of the plant.



This year unit 1 underwent the extensive inspection outage performed every 4

years and unit 2 the short annual outage. Unit 1 was out of production for 38

days and Unit 2 for 21 days.



“In addition to the normal scheduled maintenance and fuel replacement,two

turbine high-pressure housings were renewed, main transformers and generator

breakers replaced as well as work related to the steam generators at both units

performed. The power plant efficiency increased and the electricity generation

capacity increased by 12 megawatts thanks to the turbine refurbishment,” says

Loviisa Power Plant Deputy Director Thomas Buddas.



In 2016, Fortum's investments in the Loviisa power plant were approximately EUR

100 million (2015: approximately EUR 80 million). The investments 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 2016, particular attention was paid to the identification and management of

risks caused by human factors.



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

work for approximately 500 Fortum employees and some 100 permanent employees of

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

950 external employees, 80% of them Finns, participated in the annual outages

and projects in 2016.





Fortum Corporation

Group Communications





Further information:

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

4553710





Loviisa power plant

In 2016, the load factor at Fortum’s fully-owned Loviisa nuclear power plant

was 91.1%. On an international scale, the load factor was among the best in the

world for pressurised water reactor power plants. The plant produced a total of

8.33 terawatt hours, which is approximately 13% of Finland’s total electricity

production. The Loviisa power plant employs approximately 500 Fortum employees

and 100 permanent contractors. In 2016, Fortum invested EUR 100 million into

the Loviisa nuclear power plant.



Fortum

Fortum is a leading clean energy company which provides its customers with

electricity, heating and cooling as well as smart solutions to improve resource

efficiency. We want to engage our customers and society to join the change for

a cleaner world. We employ some 8,000 professionals in the Nordic and the

Baltic countries, Russia, Poland and India, and already 64% of our electricity

generation is CO2 free. In 2015, our sales were EUR 3.5 billion. (NASDAQ

HELSINKI: FUM1V). www.fortum.com