MNI BRIEF: China To Support OBOR Via Foreign Exchange Reserves

MNI China Daily Summary: Friday, October 18

RPT-MNI POLICY: Weaker Yen Ups Dec Hike Chances But US Vote A Risk

MNI BRIEF: PBOC To Curb Challenges Of House And Equity Markets

MNI BRIEF: PBOC Launches CNY300bln Stock Buy-back Facility

MNI BRIEF: China To Approve More Securities Funds - NFRA

MNI: US SEP HOUSING STARTS 1.354M; PERMITS 1.428M

EZ/UK Bond Supply Calendar: IT, SL, EU, BE, BoE APF on Monday

MNI: EUROZONE AUG CONSTRUCTION OUTPUT +0.1% M/M, -2.5% Y/Y

CANADA: Politics Week: Trudeau Faces More Pressure To Resign

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: TVO’s Nuclear Output Falls 4.5% YoY in Jan-Sept

POWER
BulletPower BulletsEnergy BulletsCommodities

TVO’s nuclear power generation from its three Olkiluoto nuclear reactors in Finland stood at 16.82TWh in the first nine months of this year, down from 17.62TWh in the same period in 2023, it said. 

  • OL1 net output decreased by 9.1% on the year to 4.985TWh. This is equal to an 85.3% load factor, compared with 94.3% in 2023.
  • OL2 net power generation increased to 5.09TWh in Jan-Sept this year, up from 4.9TWh in the same period last year, with the load factor rising to 87.2% from 84.3% last year.
  • The 890MW OL2 reactor halted 9 September until 6 October due to an increase in humidity at the turbine plant’s generator. Output resumed lower at 725MW which is currently scheduled until 25 May 2025.
  • OL3 power generation output decreased to 6.75TWh in the first nine months of this year, down from 7.23TWh last year, with the load factor falling to 65.5% compared with 68.4%.
  • Since 1 Sept, 1.6GW OL3 has been part of the down-regulation market of Fingrid’s frequency restoration reserve. Capacity is currently curtailed by 30MW until end February next year. 
     
180 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

TVO’s nuclear power generation from its three Olkiluoto nuclear reactors in Finland stood at 16.82TWh in the first nine months of this year, down from 17.62TWh in the same period in 2023, it said. 

  • OL1 net output decreased by 9.1% on the year to 4.985TWh. This is equal to an 85.3% load factor, compared with 94.3% in 2023.
  • OL2 net power generation increased to 5.09TWh in Jan-Sept this year, up from 4.9TWh in the same period last year, with the load factor rising to 87.2% from 84.3% last year.
  • The 890MW OL2 reactor halted 9 September until 6 October due to an increase in humidity at the turbine plant’s generator. Output resumed lower at 725MW which is currently scheduled until 25 May 2025.
  • OL3 power generation output decreased to 6.75TWh in the first nine months of this year, down from 7.23TWh last year, with the load factor falling to 65.5% compared with 68.4%.
  • Since 1 Sept, 1.6GW OL3 has been part of the down-regulation market of Fingrid’s frequency restoration reserve. Capacity is currently curtailed by 30MW until end February next year.