Finnish power firm Fennovoima has selected a site at Pyhäjoki, 350km north east of Helsinki on the Baltic coast, for its next nuclear power station.
The site selection follows four years of assessment. Fennovoima concluded that building the plant at the Pyhäjoki site on the coast of Bothnian Bay would cause the least impact on the local population. Pyhäjoki was also judged to have better access to water for cooling facilities than competing locations.
The company also concluded that Pyhäjoki had lower seismic activity and harder bedrock than competing locations. Fennovoima will now work with local government, relevant authorities and plant suppliers to prepare applications for the necessary licences and permits for the project, with first preparatory works targeted to begin by the end of 2012.
Fennovoima sent bid invitations to nuclear reactor vendors Areva and Toshiba in July 2011 and the plant supplier will be chosen in 2012-2013.