Finland’s Steady Energy Gets €10.5 Million Loan For Helsinki Pilot Nuclear Reactor

Facility being built in turbine hall of Salmisaari B coal-fired power plant

Finland’s Steady Energy Gets €10.5 Million Loan For Helsinki Pilot Nuclear Reactor
The Steady Energy plants, the size of a shipping container, can be built underground in cities. Courtesy Steady Energy.

Steady Energy, the Finnish small nuclear power developer, has been granted a loan of €10.5m ($12m) by innovation funding agency Business Finland for construction of a pilot plant in Salmisaari, Helsinki.

Construction of the test facility has begun and operations are scheduled to begin in spring 2027.

The facility is being built in the turbine hall of the Salmisaari B coal-fired power plant, which power utility Helen recently decommissioned.

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