Westinghouse Sweden Continues to Fuel Finnish Nuclear Plant

Västerås, Sweden, November 26, 2014 Westinghouse Electric Company today announced that it has been selected by Teollisuuden Voima Oyj (TVO) in Finland to provide replacement nuclear fuel deliveries for their reactors at the Olkiluoto Nuclear Power Plant. The contract includes yearly deliveries of fuel for one unit during the four-year period of 2016 to 2019.


Under the terms of the contract, executed between TVO and Westinghouse Electric Sweden AB, Westinghouse will produce the fuel at its facility in Västerås, Sweden. Westinghouse has been a main supplier of fuel to TVO, having delivered 5,400 fuel assemblies.


“We are pleased to maintain TVO as a fuel customer,” says Johan Hallén, Westinghouse vice president and managing director, Northern Europe. “Their continued confidence shows that they have been satisfied with the quality that Westinghouse delivers, and strengthens our position as a boiling water reactor fuel supplier to the European market.”


Both Olkiluoto boiling water reactors (BWR) were designed and built by ASEA-ATOM, acquired by Westinghouse in 2000.


Westinghouse is a single-source global nuclear fuel provider for pressurized water reactors (PWRs), including Russian-designed VVER reactors, as well as BWRs and advanced gas-cooled reactors (AGRs). Currently Westinghouse is fueling 145 PWR and BWR plants, and has 10 nuclear fuel manufacturing locations around the world, including two sites in Europe: Springfields Fuels Limited in Preston, Lancashire, U.K. and Westinghouse Electric Sweden in Västerås.


Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first pressurized water reactor in 1957 in Shippingport, Pa., U.S.  Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants, including more than 50 percent of those in Europe.