This is the way.

OL3’s operator Teollisuuden Voima (TVO), which is owned by Finnish utility Fortum and a consortium of energy and industrial companies, has said the unit is expected to meet around 14% of Finland’s electricity demand, reducing the need for imports from Sweden and Norway.

 

The new reactor is expected to produce for at least 60 years, TVO said in a statement on Sunday after completing the transition from testing to regular output.

 

“The production of Olkiluoto 3 stabilises the price of electricity and plays an important role in the Finnish green transition,” TVO Chief Executive Jarmo Tanhua said in the statement.

 

Construction of the 1.6 gigawatt (GW) reactor, Finland’s first new nuclear plant in more than four decades and Europe’s first in 16 years, began in 2005. The plant was originally due to open four years later, but was plagued by technical issues.