Parliament gave Fennovoima Decision-in-Principle  

The Finnish Parliament has given Fennovoima a positive Decision-in-Principle regarding construction of a nuclear power plant. The Parliament voted on 1st July.

Suomen Voima Oy and its 16 shareholders are very pleased with the Parliament's decision. We are delighted that the MPs recognized the need of the company's owners to have reasonably-priced and emission-free nuclear power. So far only small shares in nuclear power production have been available for us.

Fennovoima brings new competition to the electricity market. This will benefit the entire national economy and all Finnish electricity users.

Fennovoima has prepared and planned its project since 2007 and now that the company has been given a Decision-in-Principle, it is ready to proceed rapidly and effectively. Suomen Voima gives all needed support to Fennovoimas power plant project.