Oskarshamn 1 to go offline in 2017

Pressrelease Tuesday, February 16, 2016

Since October 14, a decision by the owner has been in place not to resume operations at Oskarshamn 2 (O2) and to commence the closure of Oskarshamn 1 (O1) some time during the 2017-2019 period. Today, OKG's Board of Directors made the decision to decommission O1 in conjunction with the outage in 2017.

The reason why the decision to close was set at the end of June 2017 is because the timing is best suited from an overall perspective. Moreover, the closure of O1 cannot commence until the required permits have been received from the Swedish Land and Environmental Court and the Swedish Radiation Safety Authority.

- We will as always ensure a reliable and safe operation until the closing date, says CEO Johan Dasht. An orderly and planned closure of O1 is conditional upon having motivated employees that are fully focused on production up to the date of closure, but who must also be focused on new assignments in other modes of operation. Despite changes to the content of the operation, we must always put safety first and manage the consequences in the best possible manner.

The closure decision is not attributable to reasons of safety. The decision is based on the sustained low electricity prices, combined with the output tax on nuclear power, which has now also increased and future requirements for comprehensive investments. Accordingly, there are no prerequisites for either O1 or O2 to generate financial profitability in the short or long term.

- Oskarshamn 3 (O3) is currently accessed as capable of continuing to produce climate efficient electricity throughout its technology lifecycle and OKG will therefore probably remain one of Oskarshamn's largest employers, says CEO Johan Dasht.


Phases for decommissioning of a nuclear power plant

The decommissioning of a nuclear power plant can be divided into four phases – shutdown of operations, service operations, disassembly and demolition, as well as restoration of the location.

Decommissioning operations: The reactor is emptied of nuclear fuel, which will be stored in existing fuel pools for approximately one year, before being transported to SKB's facility for spent nuclear fuel at Clab in Oskarshamn.

Service operations: All nuclear fuel has been removed from the facility. Overhaul and preservation of the facility. Planning and documentation of the facility for later demolition.

Disassembly and demolition: Physical demolition.

Restoration of the location: The location of the facility is classified free from radioactivity and can be adapted to future operations.

An exact schedule for the length of time it will take before the facilities can be demolished and the restoration of the land can commence is currently not available.

Press contact

Johan Dasht

Managing Director

Phone: +46 491-78 75 23

Communications and Public Relations

E-mail: info@okg.uniper.energy

Phone: +46 491-78 75 50

Page updated Tuesday, February 16, 2016