Nuclear Engineering International
Summary
Finland’s Steady Energy, a startup company spun out from the VTT Technical Research Centre of Finland earlier this year and municipal energy company Kuopion Energia have signed a letter of intent (LOI) that includes an option for the construction of up to five district heating small modular reactors (SMRs) starting in 2030. This follows a previous LOI signed in October between Steady Energy and Helsinki-based energy company Helen for the construction of up to 10 SMRs for district heating.
Under that agreement, Helen and Steady Energy agreed to launch a planning process with the objective of concluding a pre-investment agreement concerning nuclear heat production within six months.
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