Teollisuuden Voima Oyj

Teollisuuden Voima Oyj (TVO) is a non-listed public company, established in 1969, producing electricity for its shareholders at cost price.

The company owns and operates two nuclear power plant units, Olkiluoto 1 and Olkiluoto 2 (OL1 and OL2) at Olkiluoto in Eurajoki. TVO is also a shareholder in the Meri-Pori coal-fired power plant. A third nuclear power plant unit (OL3) is under construction at Olkiluoto.

The Olkiluoto power plant has been running for already 30 years with an extremely high degree of reliability. The capacity factors for both units have been at the top of the league internationally for nearly the entire history of the power plant. Both units today have a net output of 860 MW, and together they produce slightly more than 16% of all the electricity consumed in Finland.