Fortum Oyj : submits Loviisa Nuclear Power Plant Environmental Impact Assessment Report to the Ministry of Economic Affairs and Employment .

BUSINESS PRESS RELEASE, 6 September 2021

Fortum [Power and Heat Oy] has submitted its Environmental Impact Assessment (EIA) Report to Finland's Ministry of Economic Affairs and Employment (MEAE) 6 September 2021. The report contains an assessment of the environmental impacts of the potential lifetime extension of the power plant or, alternatively, the decommissioning of the power plant, as well as the environmental impacts of the final disposal facility for low- and intermediate-level waste.

The EIA has been prepared in line with the Environmental Impact Assessment Procedure Act and Decree, and the preparation has taken into consideration the EIA programme-related statement issued in December by the Ministry of Economic Affairs and Employment as the coordinating authority.

The EIA has assessed the project's impacts on the living conditions, comfort and health of people, as well as on the environment, water systems, groundwater, fishing, nature sites, landscape, and cultural environment. Additionally, the project's impacts on the community structure and the regional economy were assessed.

'The operation of the Loviisa nuclear power plant is well established, and its environmental impacts are known very well. In preparing the EIA Report, area observations, studies and analyses were used. Additionally, e.g., residents were surveyed and stakeholders were interviewed during the process,' notes Thomas Buddas, Deputy Director of the Loviisa power plant.

'From an environmental impact perspective, all the assessed alternatives can be implemented. The assessment results provide a good basis for continuing Fortum's internal preparations towards the decision-making regarding Loviisa power plant's future,' Buddas continues.

The coordinating authority in the EIA procedure is the Ministry of Economic Affairs and Employment, and the Ministry of the Environment is responsible for the international hearing.

Fortum Corporation
Group Communications

Further information:

Thomas Buddas, Deputy Director, Loviisa power plant, tel. [phone]
Media contacts: Pia Fast, Communications Manager, tel. [phone]
Website of Fortum's Environmental Impact Assessment procedure for the Loviisa power plant: www.fortum.com/loviisaeia

Loviisa nuclear power plant

In 2020, the load factor at Fortum's fully-owned Loviisa nuclear power plant was 87.7%. The continuous development and modernisation of the power plant enable load factors that are among the best for pressurised water reactors on an international scale. During the past five years Fortum's investments in the Loviisa power plant have totalled about EUR 450 million. In 2020, the power plant produced a total of 7.8 terawatt hours (net) of electricity, which is more than 10% of Finland's electricity production. Fortum employs about 700 nuclear sector professionals, 530 of them work at the Loviisa power plant. Additionally, nearly 100 permanent employees of other companies work in the power plant area every day. More information: www.fortum.com/loviisa