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Fortum
SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
SMR
Fortum Launches Study Into New Nuclear to Meet Energy Challenges
Fortum is starting a two-year feasibility study to explore the conditions needed for new nuclear developments in Finland and Sweden.
Natural Gas
Germany Could Nationalize Uniper as Early as Next Week
The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the …
Electric Vehicle Battery
Fortum Launches Li-Ion Recycling Hub in Germany
Fortum has launched Fortum Batterie Recycling GmbH in Germany to provide safe and sustainable electric vehicle (EV) battery recycling in central Europe.
Nuclear Power Plant
World First for Nuclear-Powered Pink Hydrogen As Commercial Deal Signed in Sweden
Industrial gases giant Linde to buy an undisclosed amount of the H2 produced at the Oskarshamn atomic power station owned by Uniper and Fortum
Wind Power Project
Fortum in Russian Wind Power Cooperation With Gazprombank’s Unit Bank GPB
Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland.
Russian Federation
Vestas Receives Order for Four Wind Projects in Russia
Building on a framework agreement signed in 2017, Vestas has received an order totalling 253 MW for four separate projects in Russia from Wind Energy Developmen…
Transformer
Hitachi ABB Installs Digitalized Transformer at Trängslet Hydro Dam
Hitachi ABB Power Grids has installed a TXpert™ digitalized transformer for Fortum at Sweden’s Trängslet hydropower dam.
Electric Vehicle Battery
European EV Battery Recycling to Get a Capacity Boost
Fortum is to invest €24 million to expand its lithium-ion battery recycling capacity with a new plant in Harjavalta, Finland.
Wind Farm
Fortum to Construct 237MW of Russian Wind
Finnish developer invests in new projects in country’s Samara region
Nuclear Technology
3D-Printed Valve Body Tested at Olkiluoto NPP
Finland’s Teollisuuden Voima Oyj and Fortum are jointly testing the first valve with a 3D printed valve body at the Olkiluoto NPP, TVO said on 5 May.
EU
Fortum, Statkraft and Vattenfall Revise EU 2030 Climate and Energy Legislation
Fortum, Statkraft and Vattenfall, three of the largest Nordic energy utilities, welcome the EU’s revised 2030 climate target of at least -55% as a crucial step…
Battery Recycling
Fortum Announces “Breakthrough” in Battery Recycling
Fortum has developed a new method to recycle lithium from rechargeable batteries.
Biobattery
Fortum and KPA Unicon Unveil 49 MW Biomass Plant in Finland
A bio-heating boiler plant delivered for clean energy company Fortum to Espoo, Finland, has been officially handed over for commercial use.
Nuclear Technology
Rolls-Royce to Upgrade Loviisa Safety Automation Systems
UK engineering company Rolls-Royce has been awarded a contract by Finnish utility Fortum for a partial renewal of the engineered safety features actuation syste…
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