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Publish date: October 8, 2004
News
The price-tag of the project is over $200m. The Finnish government will give the final answer to this investment offer not before 2005. The main stockholder of the United Energy Oy is the Russian company Baltenergo, which according to the Chief Counsellor of the Finnish Ministry of Trade and Industry Arto Rajala belongs to the Rosenergoatom concern and the Finnish company Kotkan Energia. The representatives of Kotkan Energia said they would not invest in the project itself but they could provide the infrastructure for the energy reception in Finland and its further transfer to the Scandinavian energy system.
The length of the cable is estimated about 150 km. The Finnish bureaucrats are not sure if this project is necessary. Arto Rajala said the biggest concerns are about the capacity of the Finnish energy system, which should additionally consume so much extra energy. It is not clear what consequences this project can cause to the Finnish and Scandinavian energy system as well as environment, Business St Petersburg reports.
Following Kazakhstan’s country-wide vote in favor of building a nuclear power plant earlier this month, Russia’s state nuclear corporation Rosatom has begun a courtship of officialdom in Astana, the country’s capital, in apparent hopes of landing a contract to construct it.
A survey of events in the field of nuclear and radiation safety relating to Russia and Ukraine.
Kazakhstan voted in a referendum last weekend on whether to build its first nuclear power plant, and an exit poll showed voters backed the idea promoted by President Kassym-Jomart Tokayev's cabinet in an effort to phase out coal plants.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our focus lies in identifying the factors that contribute to pollution and climate change.