Studsvik Forms Partnership with Fennovoima

Published: Nov 13 2017
Deal Summary

Studsvik AB, a Sweden-based provider of technical services to the nuclear power industry, has formed partnership with Fennovoima Oy, a nuclear power generation company, to support the final stages of the development of Studsvik's core management system 5 (CMS5) nuclear fuel analysis software for VVER-type pressurized water nuclear power plants.

Fennovoima will support Studsvik in completing the CMS5-VVER verification and validation. Fennovoima plans to build a VVER-1200 nuclear power plant at Hanhikivi, Finland. The plant is scheduled to begin commercial operation in 2024. The new version of CMS5 will be specific to the hexagonal-shaped nuclear fuel assemblies in VVER-1000 and VVER-1200 nuclear power plants designed by Rosatom in Russia.

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