Finland: Helen starts negotiations for SMR in Helsinki

Helen initiates the construction of modular nuclear reactors for district heating in Helsinki. The project, currently under negotiation, aims to reduce dependence on fossil fuels while integrating low-carbon energy sources.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Helen energy company is entering the negotiation phase for the development of small modular reactors (SMRs) in Helsinki.
These discussions focus on the choice of partners, the evaluation of suppliers and the selection of potential sites.
The project, scheduled for 2026, aims to integrate nuclear power into the Finnish capital’s district heating network.
The initiative is part of a drive to diversify heat sources and reduce dependence on fossil fuels.

Heat generation strategy and objectives

Helen wants to develop SMRs capable of producing heat and even electricity to meet the needs of the district heating network.
This type of reactor offers advantages in terms of safety and proximity, responding to the constraints of a dense urban environment.
Olli Sirkka, CEO of Helen, stresses the importance of this project in guaranteeing a constant source of heat, while minimizing the carbon footprint.
In this context, the company is focusing on advanced nuclear technologies that are already proven, and on regulatory reforms that would facilitate the integration of these facilities into Helsinki’s heat production.
The project also includes the modernization of the Finnish Nuclear Energy Act, an essential step to remove regulatory obstacles and enable rapid implementation.

Partnerships and Regulatory Framework

Helen is already working with Finnish SMR developer Steady Energy, with whom it has signed a letter of intent to build reactors for district heating.
This agreement, valid until 2027, covers aspects such as obtaining the necessary permits, negotiating contract prices, and the potential acquisition of several 50 MW reactor units.
At the same time, Helen is conducting a study with Fortum, operator of the Loviisa nuclear power plant, to examine potential synergies in the development of new reactors.
This joint study aims to explore collaborations around emerging technologies and nuclear production capacities in Finland.

Role of the French Nuclear Safety Authority (Autorité de Sûreté Nucléaire)

The Finnish Nuclear Safety Authority (STUK) recently received documents from Steady Energy relating to the preliminary assessment of their LDR-50 SMR.
This procedure enables the authority to familiarize itself with new plant configurations and assess their safety in accordance with current standards.
This process, which is independent of formal license applications, enables STUK to better anticipate future technological developments and effectively regulate the industry.
Fortum, for its part, has requested preliminary assessments from STUK for various power plant alternatives, exploring the conditions for developing new nuclear capacity in both Finland and Sweden.
The aim is to obtain essential technical and regulatory feedback to guide future projects.

Technological developments and industrial challenges

Steady Energy, a spin-off from the VTT Technical Research Center, is developing its LDR-50 reactor for district heating.
This reactor, with a thermal output of 50 MW, uses simplified operating conditions, reducing the complexity of installations and improving safety.
Steady Energy and Kuopion Energia, a municipal energy supplier, are also in talks to build reactors in Kuopio, with environmental impact studies already underway.
The Finnish nuclear sector could undergo a major transformation if these projects come to fruition.
Modular reactors represent a strategic option for guaranteeing reliable heat production, while limiting carbon emissions.
However, the success of these projects will depend on regulatory developments and the ability of stakeholders to collaborate effectively within a constantly evolving regulatory framework.

The Wylfa site in Wales will host three Rolls-Royce small modular reactors from 2026, marking a strategic investment in the UK’s nuclear expansion.
EDF confirmed that the Flamanville EPR has reached a major milestone, while planning a nearly year-long shutdown in 2026 for extensive regulatory inspections and key component replacement.
EDF is opening access to its long-term nuclear supply contracts to companies consuming more than 7 GWh per year, an adjustment driven by the gradual end of the Arenh mechanism.
South Korean authorities have approved the continued operation of the Kori 2 reactor for an additional eight years, marking a key milestone in the national nuclear strategy.
A public-private consortium is developing a 5 MW thermal microreactor designed to operate without refuelling for ten years, marking a strategic step in Brazil's nuclear innovation efforts.
EDF has announced that the Flamanville EPR reactor is now operating at 80% of its capacity. The target of reaching full output by the end of autumn remains confirmed by the utility.
The accelerated approval of the Aurora facility’s nuclear safety plan marks a strategic milestone in rebuilding a domestic nuclear fuel production line in the United States.
The Industrikraft consortium will invest SEK400mn ($42.2mn) to become a shareholder in Videberg Kraft, marking a new phase in Sweden’s nuclear project led by Vattenfall on the Värö Peninsula.
MVM Group has signed an agreement with Westinghouse to secure VVER-440 fuel supplies from 2028, reducing its reliance on Russia and strengthening nuclear cooperation between Budapest and Washington.
The delivery of nuclear fuel by Russian subsidiary TVEL to the Da Lat research reactor marks a key step in strengthening the nuclear commercial partnership between Moscow and Hanoi.
US supplier X-energy has formalised a graphite supply contract with Japan's Toyo Tanso for the construction of its first four small modular reactors, in partnership with Dow and backed by the US Department of Energy.
US-based Enveniam has signed an agreement with LIS Technologies Inc. to oversee the design and construction of a new laser-based uranium enrichment facility on American soil.
A consortium led by Swedish giants such as ABB, SSAB and Volvo will invest SEK400mn to support the development of small modular nuclear reactors through a strategic partnership with Vattenfall.
Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.
Framatome will produce TRISO fuel at Romans-sur-Isère as part of a pilot project for advanced nuclear reactors, in partnership with actors such as Blue Capsule Technology.
Sweden’s parliament has approved a major reform authorising uranium extraction, opening the door to a reassessment of the economic potential of mining projects containing this strategic mineral.
South Africa's regulator has authorised Koeberg Unit 2 to operate until 2045 following maintenance work and a long-term safety assessment.
French nuclear group Orano has confirmed the release of its representative in Niger, detained since May, as tensions remain high with the country’s junta over control of uranium assets.
EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.
ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.