On Tuesday 24th May 2022, Fennovoima has withdrawn the Hanhikivi 1 nuclear power plant Construction License Application24.05.2022
On Tuesday 24th May 2022, Fennovoima has withdrawn the Hanhikivi 1 nuclear power plant Construction License Application. This is an understandable consequence after the termination of EPC contract with RAOS Project Oy due to supplier related causes. The Construction License Application process is tied to the Rosatom technology which cannot be applied after the EPC termination. Fennovoima is now focusing on maintaining safety and security of Pyhäjoki site in the short and long term.
Voimaosakeyhtiö SF continues to support Fennovoima in implementing EPC contract termination process. Fennovoima’s decision to withdraw Construction License Application will clarify the situation and save cost. Preserving Pyhäjoki site is important for safety as well as for possible further utilization of the site. Main objective for Voimaosakeyhtiö SF continues to be to safeguard the interests of its shareholders in the termination process.