Global Nuclear Fuel's GENUSA Awarded Long-Term Fuel Supply C
Stay informed with our
free newsletters

This news is classified in: Traditional Energy

Nov 12, 2018

Global Nuclear Fuel's GENUSA Awarded Long-Term Fuel Supply Contract by TVO

Global Nuclear Fuel (GNF) and Teollisuuden Voima Oyj (TVO) today announced that GNF ENUSA Nuclear Fuel S.A. (GENUSA), a joint venture between ENUSA Industrias Avanzadas S.A. (ENUSA) and GNF, has been selected to provide fuel reloads for the Olkiluoto Nuclear Power Plant in Eurajoki, Finland.  

The new fuel supply contract awarded by TVO to GENUSA following a competitive bid, runs from 2020 through 2038 and includes reloads of GNF2, a high-performance fuel assembly designed to deliver increased energy output while decreasing overall fuel cycle costs. Over the course of the contract, TVO and GENUSA expect to evaluate the suitability of future fuel designs to meet TVO’s operational goals.

"TVO's experience using GENUSA's fuel has been excellent, so I am pleased to see that the fuel has fulfilled our strict quality requirements again and we can revitalize the cooperation," says Marjo Mustonen, Production Manager, and Senior Vice President of TVO. "Our goal is safe and undisturbed power operation of the plant, and this long-term contract helps us to achieve this important goal and also secures the fuel supply for nearly two decades."

Petroleum Coke Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

Petroleum Coke Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

By Type (Fuel Grade, Calcined Coke), By Application (Aluminum & Other Metals, Cement, Storage, Steel, Power, and Others), By Region and Competition, 2019-2029F

Download free sample pages

“We fueled the Olkiluoto reactors for several years and as we continue to evolve our products to further strengthen reliability and performance, we are pleased to provide fuel to TVO for many years to come,” said Amir Vexler, CEO of GNF and president of the GENUSA Board of Directors.  

"ENUSA is very proud to once again support TVO by fabricating fuel at our Juzbado Fuel Plant for Olkiluoto NPP,” said Roberto Gonzalez Villegas, ENUSA Director for Business Development and Technology, and member of the GENUSA Board of Directors. “TVO was one of our first customers abroad and we are happy to see that we have obtained their confidence for a long collaboration.”

Fuel for Olkiluoto, utilizing GNF-supplied components, will be fabricated by ENUSA in Spain at its Juzbado Nuclear Fuel Manufacturing Plant. Since its incorporation in 1996, ENUSA has manufactured fuel sold by GENUSA to operators of boiling water reactors across Europe. TVO was the first customer of GENUSA after its inception.

The initial assemblies, whose components are designed by GNF, will include the enhanced GNF2 spacer as well as the Defender™ PLUS debris filter that is designed to improve the chance of stopping debris before it reaches the fuel assembly.


General Electric (GE)