- Scope includes 18-year service agreement, as well as the manufacture and installation of generator rotor, to improve performance and reliability of Olkiluoto Nuclear Power Plant's OL1 and OL2 boiling water reactors.
- Supports Finland’s energy objectives with CO2-free power for 16% of the country’s population
- Builds on GE’s 40-year service relationship at Olkiluoto, contributing to a capacity increase of more than 30% over the plant's OL1 and OL2 reactor's lifetime.
Baden, SWITZERLAND — March 4, 2020 — GE announced today it has been selected by Teollisuuden Voima (TVO) to continue providing maintenance services at the Olkiluoto Nuclear Power Plant in Finland for the duration of the plant’s OL1 and OL2 reactor's lifetime. The agreement will cover maintenance and services on the plant’s two steam turbines and generators to help ensure reliable operation of the facility through 2038. Additionally, GE Steam Power will manufacture and install a GTD water-cooled generator rotor to help extend the generator’s operating life and support capacity increases.
“Aligned with Finland’s new energy policies, TVO is committed to help in delivering reliable, clean power for the country,” said Marjo Mustonen, Senior Vice President, Electricity Production of TVO. “We continue to rely on GE as our service partner for the Olkiluoto Nuclear Plant for the technologies and expertise we need for long-term, high performance operation of the site.”
Under the agreement, GE will perform yearly planned maintenance inspections on the steam turbine and generator, as well as engineering and on-site outage support. The new generator is scheduled to be delivered and installed in 2023 during the plant’s annual outage.
GE’s local team has been supporting the Olkiluoto plant since it was first started in 1978, and with service agreements since 2000. The plant’s two first reactor's capacity has increased by more than 30% since the project was first commissioned in 1979 to keep pace with Finland’s growing power needs. Today it is generating 1,760MW of CO2-free power – enough for 16% of the country’s population—and supporting the country’s goal of achieving carbon neutrality by 2035.
“This new agreement builds on our long-term relationship with TVO and our commitment to helping them stay competitive as a key power provider for Finland” said Martin Boller, Europe Region General Manager for GE Steam Power. “ Our regional presence as a services team gives us the ability to support customers like TVO when and where they need us..”
Today GE steam turbine technology operates in 50 percent of the world’s nuclear power plants with the ability to deliver more than 200 GW to the grid. GE Steam Power has more than 120 nuclear multi-year agreements worldwide and performs around 100 nuclear outages per year across Europe.
In Finland, beyond Olkiluoto, GE is also supplying the conventional island for the Hanhikivi Nuclear Power Plant to deliver an additional 1,200MW of CO2-free energy for future Finnish electricity needs. This is equipped with GE’s Arabelle steam turbine which represents six decades of nuclear steam turbine expertise and is the most powerful turbine in the world by output.
About GE Steam Power
GE Steam Power is helping customers achieve their cleaner power generation objectives with a broad portfolio of technologies that can be applied to new-built plants and the installed base across a range of fuel sources including nuclear, coal, oil, biomass, solar and municipal waste. As today’s #1 steam power franchise with more than 30% of the world’s steam turbine installed capacity, 50% of the world's steam turbines operating in nuclear power plants and 30% of the world’s boilers, GE Steam Power technology is delivering solutions that optimize the reliability, affordability, flexibility and environmental impact of steam power plants all over the world.