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4.8.2026 | On 4 August 2026, the Radiation and Nuclear Safety Authority issued a favourable statement to the Ministry of Economic Affairs and Employment on the operating licence application of Posiva concerning the encapsulation plant and disposal facility for spent nuclear fuel in Eurajoki.https://valtioneuvosto.fi/en/-/1410877/meae-to-prepare-operating-licence-for-spent-nuclear-fuel-disposal-facility-of-posiva-taking-into-account-radiation-and-nuclear-safety-authority-s-safety-assessment
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7.9.2026 | On 7 September 2026, Minister of Climate Change and the Environment Sari Multala visited Posiva Oy’s spent nuclear fuel encapsulation plant and final disposal facility in Eurajoki. Multala was accompanied to the facility by the Estonian Minister of Energy and the Environment Andres Sutt and Latvia’s Minister for Climate and Energy Jānis Vitenbergs. A representative from the German federal Ministry for Economic Affairs and Energy also participated in the visit.https://valtioneuvosto.fi/en/-/1410877/ministers-visited-posiva-s-encapsulation-plant-and-final-disposal-facility
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10.3.2026 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2025 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate assets, the Financial Provision Fund and the Research Fund for Nuclear Waste and Nuclear Safety Research, which focuses on expertise in the nuclear energy use.https://valtioneuvosto.fi/en/-/1410877/financial-statement-of-national-nuclear-waste-management-fund-for-2025-has-been-adopted
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26.5.2026 | Nordic Nuclear Forum 2026, the Nordic region’s leading event in the civil nuclear energy sector, will bring together more than 700 participants in Stockholm on 26–27 May. The event will be attended by decision-makers, business leaders, public authorities, technology developers and experts representing the energy sector, public administration, research institutes and the nuclear energy supply chain.https://valtioneuvosto.fi/en/-/1410877/finland-s-nuclear-energy-expertise-showcased-at-nordic-nuclear-forum-in-stockholm
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29.8.2024 | On 29 August 2024, the Government appointed a new Board for the National Nuclear Waste Management Fund for the term of 1 September 2024–31 August 2027. The chair of the new Board will be Chief Risk Officer Jarkko Heikkilä from the Elo Mutual Pension Insurance Company.https://valtioneuvosto.fi/en/-/1410877/new-board-appointed-for-national-nuclear-waste-management-fund
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26.6.2025 | The Ministry of Economic Affairs and Employment has sent out for comments the draft of the new Nuclear Energy Act. Primarily, the new act aims to ensure that the use of nuclear energy is in line with the overall good of society, that the operations are safe and that nuclear waste generated in Finland is handled properly.https://valtioneuvosto.fi/en/-/1410877/revised-nuclear-energy-act-is-sent-out-for-comments
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12.2.2026 | “Today we are creating a foundation for the future to develop an energy system that can meet the demands of a new era. This plant is a concrete result of purposeful research and planning,” said Minister of Climate and the Environment Sari Multala at the groundbreaking ceremony for Steady Energy Oy’s small nuclear pilot plant in Salmisaari, Helsinki on 12 February 2026.https://valtioneuvosto.fi/en/-/1410877/minister-multala-piloting-small-modular-reactor-in-helsinki-signals-finland-s-leading-role-in-nuclear-energy-solutions
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17.7.2026 | On 15 July 2026, the Finnish Ministry of Economic Affairs and Employment issued a competent authority statement on the environmental impact assessment (EIA) programme of Kuopion Energia Oy’s project to build a small modular reactor (SMR) plant for district heating production. The statement was issued as part of the EIA procedure.https://valtioneuvosto.fi/en/-/1410877/ministry-of-economic-affairs-and-employment-issues-competent-authority-statement-on-eia-programme-of-kuopio-energia-oy-s-smr-plant-project
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7.8.2025 | Finland is known as a country of responsible use of nuclear energy. Safety comes always first. Responsibility includes ensuring the funds required for nuclear waste management and for the decommissioning of facilities. An extensive legislative reform is, however, required to streamline regulation and licensing. The reform process is also driven by the need to take account of new technologies and the profitability challenges of the sector.https://valtioneuvosto.fi/en/-/1410877/column-reform-of-nuclear-energy-legislation-to-streamline-regulation-and-prepare-the-ground-for-future-projects
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18.11.2024 | Finland and the United Kingdom will intensify their cooperation in a broad range of peaceful uses of nuclear energy. The countries have signed a Memorandum of Understanding (MoU) with the aim to establish structures for collaboration concerning nuclear energy projects, programmes, research and development, and policies.https://valtioneuvosto.fi/en/-/1410877/finland-and-uk-sign-memorandum-of-understanding-to-promote-new-nuclear-energy-solutions
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13.3.2025 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2024 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.https://valtioneuvosto.fi/en/-/1410877/financial-statement-for-2024-of-national-nuclear-waste-management-fund-has-been-adopted
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25.3.2024 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2023 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.https://valtioneuvosto.fi/en/-/1410877/financial-statement-for-2023-of-national-nuclear-waste-management-fund-adopted
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5.12.2024 | On 5 December 2024, the Ministry of Economic Affairs and Employment received an environmental impact assessment (EIA) report from Teollisuuden Voima Oyj (TVO). The report assesses the environmental effects of a potential extension to the service life of Olkiluoto 1 and Olkiluoto 2 nuclear power plant units as well as an increase to their thermal power.https://valtioneuvosto.fi/en/-/1410877/tvo-submits-to-the-ministry-an-eia-report-on-continued-use-of-olkiluoto-ol1-and-ol2-plant-units
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31.8.2023 | This year, more than 40 per cent of Finnish electricity is produced with nuclear energy. In the future, nuclear energy can also be produced in smaller units and used for new purposes, such as heating industry and buildings. A new outlook for the sector's activities requires a new approach also in the administration.https://valtioneuvosto.fi/en/-/1410877/reforming-the-utilisation-and-regulation-of-nuclear-energy
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18.9.2025 | The OECD’s Nuclear Energy Agency (NEA) and the Government of South Korea will organise a ministerial meeting in Paris on 18–19 September 2025. The Roadmaps to New Nuclear meeting aims to strengthen cooperation between governments and industry to boost the role of nuclear power in providing clean energy and securing energy supply. Finland will be represented by Mika Nykänen, State Secretary to Minister of Climate and the Environment Sari Multala.https://valtioneuvosto.fi/en/-/1410877/state-secretary-nykanen-to-attend-a-ministerial-meeting-in-paris-on-ways-to-boost-new-nuclear-power-construction
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14.5.2021 | On 14 May 2021, Teollisuuden Voima Oyj submitted an environmental impact assessment report concerning its project on the final disposal of very low-level nuclear waste in the Olkiluoto nuclear power plant area to the Ministry of Economic Affairs and Employment. The Ministry of Economic Affairs and Employment acts as the coordinating authority in the project.https://valtioneuvosto.fi/en/-/1410877/teollisuuden-voima-submits-eia-report-on-final-disposal-of-very-low-level-nuclear-waste-comments-accepted-1-june-31-july
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8.2.2022 | The Ministry of Economic Affairs and Employment requests comments on Posiva Oy’s application for an operating licence that the company submitted to the Government on 30 December 2021 for an encapsulation plant and a disposal facility for spent nuclear fuel. The encapsulation plant is located above ground and an underground repository of the disposal facility is located in the bedrock at a depth of approximately 400–430 metres in Olkiluoto, Eurajoki.https://valtioneuvosto.fi/en/-/1410877/ministry-requests-comments-on-posiva-oy-s-operating-licence-application-for-an-encapsulation-plant-and-disposal-facility-for-spent-nuclear-fuel-by-15-september
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30.12.2021 | On 30 December 2021, Posiva Oy submitted to the Government an operating licence application referred to in the Nuclear Energy Act for an encapsulation plant and a disposal facility for spent nuclear fuel. The facility is currently under construction in Olkiluoto, Eurajoki. Posiva is applying for an operating licence for a period from March 2024 to the end of 2070.https://valtioneuvosto.fi/en/-/1410877/posiva-to-apply-for-an-operating-licence-for-a-spent-nuclear-fuel-disposal-facility-first-in-the-world
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7.6.2022 | “Due to the ongoing war in Ukraine, we are in a historical situation where we have to find energy solutions independent of the imports from Russia. Together with climate change, this poses an enormous challenge. We need to make use of all tools and capabilities to find solutions to these challenges and increase our resilience,” Minister of Economic Affairs Mika Lintilä said in his speech at the opening event of the Nordic Nuclear Forum 2022 in Helsinki on 7 June 2022.https://valtioneuvosto.fi/en/-/1410877/minister-lintila-nuclear-power-offers-solutions-for-phasing-out-fossil-energy
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30.3.2023 | On 30 March 2023, the Government granted Fortum Power and Heat Oy an operating licence for the disposal facility for low and intermediate level waste, located in the Loviisa power plant area. The new licence, which will be in force until 2090, will replace the current one expiring in 2055.https://valtioneuvosto.fi/en/-/1410877/government-grants-fortum-a-licence-to-operate-the-disposal-facility-for-loviisa-nuclear-power-plant-s-low-and-intermediate-level-waste