Send to KindleFinnish power company Fennovoima has launched negotiations with Russia’s state-owned Rossatom over a new reactor planned at Pyhaejoki in northern Finland.
The Finnish company is in exclusive talks with Rosatom after dropping bids by France's Areva and other suppliers.
Fennovoima is said to be interested in Rossatom’s 1,200 megawatt AES-2006 pressurised water reactor.
Fennovoima has also been negotiating with the Japanese firm Toshiba since February. A decision is expected within a year, according to Yle.
Rosatom has recently been stepping up its foreign operations. It is due to begin constructing Turkey's first nuclear plant in 2015 and it is also planning to participate in a bid to build Poland's first reactor.
In February, Bulgaria confirmed its decision to abandon the Belene nuclear power plant project that was to be constructed by Rosatom subsidiary Atomstroyexport.
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German authorities have apprehended two individuals holding dual German and Russian citizenship on suspicion of orchestrating acts of sabotage, including targeting United States military installations, to undermine military support for Ukraine.
The delay in US military aid to Ukraine paints a grim picture of the war's future, as Western analysts and publications alike foresee a troubling trajectory for the embattled nation
Аhead of the impending US presidential election, tech giant Microsoft has uncovered Russian online campaigns aimed at influencing American voters
Ukraine's ability to protect its crucial power infrastructure has been severely compromised due to a shortage of anti-aircraft missiles
A Belgian reserve colonel, Roger Housen, has issued a stark warning regarding the ongoing conflict in Ukraine, suggesting that it may be heading towards a "Korean scenario"
Ukrainian President Volodymyr Zelensky has once again called for robust Western support in the face of Russia's ongoing invasion of his country, drawing parallels with the international backing received by Israel during times of conflict
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
