Low-emission energy generated with nuclear power
During the past year, several parties have expressed their concern about the insufficiency of the actions agreed to mitigate climate change. In Finland, approximately 75 percent of greenhouse gas emissions comes from energy production and consumption, including energy used by traffic.
Discussion of the significance of nuclear power in curbing greenhouse gas emissions has become active worldwide, and Fennovoima has also taken a prominent stand on behalf of clean energy production. The least effects on the climate over the entire life cycle are created by wind and solar power, as well as nuclear power, where there are practically no carbon dioxide emissions from production at all.
Even though the use of renewable energy sources has increased significantly in Europe, most of the EU’s low-emission energy is generated with nuclear power. On the global scale, more energy was generated with nuclear power last year than ever before.
Renewable energy sources and nuclear power are not mutually exclusive forms of electricity production. Investments in all forms of electricity production with low emissions will make it possible to produce clean electricity in Finland for the country’s increasing needs in accordance with the principles of sustainable development, while improving the security of supply.
Responsibility guides our operations
Fennovoima’s Corporate Responsibility Program is based on taking safety and social, economic and environmental responsibility into account in the operations of the organization. We focus on matters that are important both to us and our stakeholders.
In early 2017, Fennovoima was accepted into the UN Global Compact corporate sustainability initiative, after which we verified that our Corporate Responsibility Program conforms with all the ten principles of the initiative. At the same time, we clarified and refined the goals set in the Program to even better describe our progress with regard to responsibility.
Results in occupational health and safety through persistent work
Alongside nuclear safety, occupational health and safety is a number one priority in the Hanhikivi 1 project. In 2017, more than 550,000 hours of work was performed at the Hanhikivi 1 construction site without a single lost-time accident. We are very proud of this achievement.
Central to the success were the commitment of all parties working at the construction site to the principle of zero accidents, strict occupational safety practices, and continuous training of different parties to prevent accidents.
Objective to achieve readiness for starting construction in 2019
Last year, Fennovoima faced challenges in delivering the design documentation of the nuclear power plant required for the safety assessment to the Finnish Radiation and Nuclear Safety Authority. Taking the Finnish requirements and legislation into account in the design work has taken more time for the plant supplier than we originally anticipated.
Now, our objective is to receive the Construction License required to build the power plant in 2019. The Construction License is granted by the Government, after the Finnish Radiation and Nuclear Safety Authority finds that the power plant can be built in compliance with Finnish safety requirements.
As the project proceeds, the plant supplier’s supply chain preparedness and supply chain management also become more important. In accordance with our strategy, we are committed to acting in a responsible manner, and we expect the same of our business partners.
Environmental impacts considered in decision-making
The responsibility principle also applies to the management of the project’s environmental impacts. At the beginning of 2018,
Fennovoima’s environmental management system received an environmental certificate conforming to the ISO 14001 standard.
The environmental management system is developed and kept always up to date, so that it will correspond to the changing conditions at the construction site. This way, we want to ensure that the environmental impact during all construction stages remains as low as possible.
The Hanhikivi 1 project has strong local support
In everyday life in Pyhäjoki, the progress of the Hanhikivi 1 project has been visible to the local residents as increased construction work, new job opportunities and generally increased activity in the area, among other things. According to an opinion poll we commission every year, support for the project in Pyhäjoki and its neighboring region has risen above 70 percent.