Finland’s much-delayed and costly new nuclear reactor has completed a test phase and started regular output in April 2023. This article talks about the Olkiluoto 3 Reactor, an important topic for the IAS exam current affairs segment.
Olkiluoto 3 Reactor
- The Olkiluoto 3 is Western Europe’s first new nuclear reactor in more than 15 years.
- It is the first European Pressurised Reactor, or EPR, a reactor of the latest generation to go online.
- Olkiluoto 3 was developed in a joint venture between France’s Areva and Germany’s Siemens, and construction on it started in 2005.
- The Olkiluoto 3 reactor has a capacity of 1,600 megawatts.
- Finland currently operates five nuclear reactors at two power plants along the Baltic Sea.
![unnamed 2023 04 20T154238.052 unnamed 2023 04 20T154238.052](https://cdn1.byjus.com/wp-content/uploads/2023/04/unnamed-2023-04-20T154238.052.png)
Source: Bloomberg
Significance of the Olkiluoto 3 reactor
- It will boost energy security and help Finland reach its carbon neutrality goals.
- It meets 14% of Finland’s total electrical needs.
- It will greatly increase the Nordic nation’s level of power self-sufficiency.
Olkiluoto Nuclear Power Plant [UPSC Notes]:- Download PDF Here
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