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Fortum and Uniper start cooperation in nuclear decommissioning and dismantling services

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Fortum and Uniper cooperation

Fortum and Uniper enter close into cooperation to offer nuclear decommissioning and dismantling services for nuclear companies. Through this cooperation, Fortum and Uniper combine decades of nuclear experience and a wide variety of competencies which will create world-class value to the customers. The future vision is to become a market leader in Europe.

“Nuclear power plants around Europe are in different phases of the life cycle. At the same time, as new reactors are being planned and built, there are also plants that will be shut down and dismantled. Here we see attractive opportunities to create joint service offering and our joint target is to become the market leader in nuclear decommissioning and dismantling in Europe”, says Johan Svenningsson, CEO of Uniper Sweden.

“Uniper is developing strong decommissioning competences and have a unique reference with their decommissioning program in Sweden. Fortum will bring to the cooperation complementary competences in the waste and decommissioning area, as well as our customer-centric way of working. In our Nuclear Services business we have served customers for many years already with excellent customer satisfaction results, says Petra Lundström, Vice President, Co-owned assets and Nuclear Services at Fortum.

“Earlier this year, Fortum and Uniper announced joint service offering  for utility customers and energy-intensive industries. Fortum and Uniper joining forces also in the nuclear business area is a winning combination for scaling up and developing a significant business portfolio in nuclear decommissioning services”, says Petra Lundström.

In the beginning, the cooperation focuses on the on-going decommissioning and dismantling of four reactors in Uniper’s Swedish nuclear power fleet. These are Barsebäck units 1 and 2, and Oskarshamn units 1 and 2 – co-owned by Fortum and Uniper. The four reactors are integrated into a common decommissioning portfolio to create logistical and economic coordination benefits. 

“This cooperation brings together complementary nuclear competencies, products and services from both Fortum and Uniper. As the projects in Sweden progress, the focus of the cooperation will shift to customers and together we will be able to utilize all learnings to support other nuclear power plants in their decommissioning phase”, explains Petra Lundström. 

“Ending the lifecycle of Barsebäck 1 and 2 and Oskarshamn 1 and 2 in a safe and efficient manner is of outmost importance to us. Looking ahead and out into the European decommissioning market together with Fortum is a natural next step. It will also enable us to retain nuclear competence in each country and offer our nuclear experts long-term career and development opportunities. If we perform cost efficient decommissioning, we also give legitimacy for a new generation of nuclear power that support and is essential for efficient decarbonization and energy transition”, concludes Johan Svenningsson.

More information:

Pia Fast, communication manager nuclear, Fortum, phone + 358 40 147 8752
Torbjörn Larsson, press officer, Uniper Sweden, phone + 46 70 637 32 77

Fortum
Fortum is a European energy company with activities in more than 40 countries. We provide our customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency. Together with our subsidiary Uniper, we are the third largest producer of CO2-free electricity in Europe. Close to 20,000 professionals and a combined balance sheet of approximately EUR 60 billion, we have the scale, competence and resources to grow and to drive the energy transition forward. Fortum’s share is listed on Nasdaq Helsinki and Uniper’s share on the Frankfurt Stock Exchange. www.fortum.com 

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