en.Wedoany.com Reported - On June 18, Finnish small nuclear power developer Steady Energy Oy announced it had secured a €10.5 million loan from Business Finland, which will be fully utilized for the construction of its pilot nuclear power plant in Salmissari, near Helsinki.

The test facility is currently under construction and is scheduled to begin operation in the spring of 2027. Steady Energy's Chief Technology Officer, Hannes Haapalahti, stated that the reactor, standing ten meters tall and capable of being installed in the turbine hall of a former coal-fired power plant, is "the simplest plant in the world," specifically designed for safety testing. During the tests, the reactor's uranium core will be replaced by electric heating elements, and the energy generated can be delivered to the district heating network of Helen Ltd to provide heating for Helsinki residents. Haapalahti noted that the goal is to be ready to commence construction of the first nuclear power plant within three years.

The nuclear heating plant designed by Steady Energy will be built underground and is suitable for the district heating sector. This technology has already attracted interest from energy companies outside Finland, and the company signed a cooperation agreement with KDHC, South Korea's largest district heating company, at the end of last year. Currently, Finnish cities such as Helsinki, Jyväskylä, Kerava, and Kuopio are exploring the use of small-scale nuclear power for district heating, with Kuopio already conducting environmental impact assessments and regional planning.

Jussi Åkerberg, Project Manager at Business Finland, stated that Steady Energy's project can help Finland build next-generation energy expertise, enhance industrial competitiveness, and promote exports.

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