points by jryle70 1 day ago

The plant may be closed without this Google's order. The cost to keep it running is substantial. I guess that's what you prefer?

"The Finland deal will ensure that the Loviisa plant keeps operating beyond 2030, the companies said in a statement. Keeping it running until 2050 will require about €1 billion of investments over the years"

https://www.bloomberg.com/news/articles/2026-09-09/google-gi...

Illotus 1 day ago

Lol, it certainly wouldn't have been decommissioned in any case. For that to happen electricity consumption would need to be going down instead of up and Finland would need to have abundance of steady power to replace it.

  • jryle70 1 day ago

    First of all, are you willing to wait to find out?

    Second of all, if it is not Google, it'd be either other businesses, or from tax money. Why should tax money be used to bail out a failed business?

    • throwaway473825 1 day ago

      If it costs only €1 billion to extend the lifespan by 20 years, then nothing else can compete with it. The capacity is 1 GW.

      • fedecaccia 17 hours ago

        There are two completely different businesses.

        OL3 will generate ~745 TWh over his life, from a total investment of ~€11bn.

        Loviisa life extension will generate ~170 TWH, from an investment of ~€1bn.

        Considering the capacity factor, we are comparing 6€/MWh for Loviisa against ~15€/MWh for OL3.

        So, it is worth mentioning that extending the life of an existing power plant can be a really good investment.

        Main difference is in initial setup/concrete installment!!

        You can review all the maths using data from OL3 here: https://reactoratlas.com/en?y=2026&s=finland-olkiluoto-nucle...

    • Illotus 1 day ago

      No public money needed, it is easily profitable to do without.

      And to answer your question: yes I and everyone else in Finland were willkng to wait and find out, it was and is not feasible option to shut it down in few years. If it actually was a realistic option this would have been big news for years now with the highly variable electricity prices we've had after the Russia attack on Ukraine.

      • jryle70 17 hours ago

        > No public money needed, it is easily profitable to do without.

        According to whom? Show the number, don't just be hand wavy. If it is struggling now to extend beyond 2030 then how can it easily be profitable? Think about your logic.

        > Yes I and everyone else in Finland were willkng to wait and find out

        Not the plant operator apparently, who has the stakes in it. Do you pay them enough to run the plant?