Daily Archives: 16.4.2018

Professor Tynkkynen’s comments on the Hanhikivi 1 plant

“Finland Project Management Roundup” by Jouko Vaskimo was published in PM World Journal. In the report Professor’s Tynkkynen’s comments about the Hanhikivi 1 plant are given:

The plant is expected to generate approximately 10% of Finnish electricity demand.
Rosatom has 34% ownership of the plant, which translates to Rosatom supplying 3% of
Finland’s electricity production according to Veli-Pekka Tynkkynen, professor of
Russian energy politics at University of Helsinki. Professor Tynkkynen argues Russia
may use its ownership of the plant to attempt manipulating Nordic power prices, or use
it to leverage political disputes the same way Russia is already using its gas supply in
disputes with neighboring countries such as Ukraine.