Finland Parliament Approves Nuclear Power Plant Construction With Russia

Finland Parliament Approves Nuclear Power Plant Construction With Russia
by Staff Writers
Helsinki, Finland (Sputnik) Dec 08, 2014

illustration only

Finland's parliament on Friday approved with a majority of votes the construction of the Hanhikivi 1 nuclear power plant with Russia's participation.

The measure makes Finland the first country to back a large investment project involving Russia since the West started imposing its sanctions.

The project received 115 votes in favor of the power plant, with 74 opposing the construction.

The plant is to be situated on the coastal municipality of Pyhajoki in Northern Ostrobothnia in Finland on the shore of the Baltic Sea. The Hanhikivi 1 power plant is expected to start producing electricity in 2024.

In December 2013, Russian nuclear energy company Rosatom's subsidiary, Rusatom Overseas, and Finnish nuclear power company Fennovoima signed a contract for the construction of the plant. In March 2014, RAOS Voima Oy, Rusatom Overseas' subsidiary, purchased a 34-percent share in Fennovoima

Source: Sputnik News

Thanks for being here; We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor $5 Billed Once credit card or paypal		SpaceMediaNetwork Monthly Supporter $5 Billed Monthly paypal only

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks

del.icio.us

Digg

Google

US rejects criticism of historic Ukraine nuclear deal
Kiev (AFP) Dec 05, 2014
A top US official hit back on Friday against accusations the West has failed to live up to promises made exactly 20 years ago to Ukraine in exchange for it giving up nuclear weapons. The Budapest Memorandum that came into force on December 5, 1994 led to Ukraine voluntarily giving up the huge stockpile of nuclear warheads it inherited from the Soviet Union. In exchange, Britain, the Uni ... read more

India test fires nuclear capable strategic missile

Ballistic Missile Launches Detected by Russia's Aerospace Defense

U.S Navy sending Aegis-equipped destroyers to Japan

U.S. holds test on Aegis tracking capability

Taiwan develops new missiles to counter China's threat

RAF launches Paveway guided bombs from Eurofighter Typhoon and F-35

Brazil, Russia in talks on air defense system

The fear and the chaos of a missile attack in east Ukraine

NGC delivers first operational MQ-8C Fire Scout to the US Navy

France studies how to intercept mystery drones over nuclear plants

Sagem demos drone for use in civilian airspace

Sense and Avoid system for UAVs in civilian airspace closer to reality

LockMart completes environmental testing on 4th MUOS bird

Harris Corporation supplying Falcon III radios to Canadian military

GenDyn Canada contracted to connect military to WGS system

Northrop Grumman continues Joint STARS sustainment services

Precision guided projectile hits the mark in recent testing

Air Force orders additional programmable bomb fuzes

US delivers anti-mortar radars to Ukraine: Pentagon

Marines get counter-IED training from A-T Solutions

New Pentagon chief inherits friction with White House

Raytheon to provide Qatar with IAMD Command and Control System

Kalashnikov fight Russia sanctions with fashion line

Pentagon chief Hagel out as IS war heats up

China condemns Philippines over disputed sea arbitration

Beijing defends Confucius Institutes amid US academic freedom debate

Obama to nominate Pentagon chief Friday

Journalist missing in Minsk, feared detained

'Giant' charge density disturbances discovered in nanomaterials

LLNL team develops efficient method to produce nanoporous metals

Thin film produces new chemistry in 'nanoreactor'

Ultra-short X-ray pulses explore the nano world

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.