Jevgeni Ossinovski is a Social Democratic Party (SDE) Member of Parliament and a former government minister. He said that a nuclear power plant should only be constructed in Estonia if it is an unavoidable necessity. Ossinovski made his remarks at a debate of party politicians which formed part of Monday’s Nuclear Energy Information Day conference.
     Estonia has no nuclear power plants a present. The possibility of constructing a small modular reactor (SMR) in a costal area of the country is being debated. The U.N.’s International Atomic Energy Commission (IAEA) last month announced that it found that Estonia has the capacity to move forward with the deployment of nuclear energy, if it should choose to do so.
     Ossinovski said that considering the associated risks, the question is whether a nuclear power is really necessary. It would a first for Estonia and leap into the unknown. There is also the question of long-term impact on society regarding the disposal of spent nuclear fuel. He added that in many other parts of the world, the construction of a nuclear power plant has become significantly more expensive than originally planned.
     Ossinovski mentioned that he was only speaking on behalf of his party, the Social Democrats. He said, “Yes, if there is an unavoidable need [to have a nuclear power plant] but my party believes that there is no unavoidable need.”
     Meanwhile, the Isamaa Party’s representative at the conference, former IT and foreign trade minister Kristjan Järvan, said that stepping back before deciding on how Estonia views its future economic policy is a required precursor to making energy policy decisions.
     If Estonia desires a bigger economy, which would also necessitate the development of industry, that would require the construction of a nuclear power plant. However, if that is not desired, then alternative energy such as wind power is sufficient to meet domestic needs, according to Järvan. At the same time, Estonia’s energy production needs to be diversified. Nuclear energy is an important option that should be considered in any case.
     Andres Sutt of the Reform Party is another former IT and foreign trade minister. He said that all such major decisions need time. However, investors also need certainty. Sutt said, “Even if we create this framework, it is not 100 percent certain that there will be an investor who chooses to invest here.”
     Several potential sites for an Estonian SMR have been identified. Private sector company would like to get the contract to build the SMR if Estonia decided to move ahead with deployment.
     The only operational SMRs in operation in the world are in China and Russia.
     Finland currently has five operational nuclear reactors across two sites. Work on a plant at a third site at Hanhikivi, near Oulu, in the North of the country, was canceled after Russia invaded Ukraine in 2022. Finland had signed a deal with Rosatom, Russia’s state nuclear agency, to build the plant.
     The U.K. has nine operational nuclear reactors at five locations nationwide. They provide about sixteen percent of domestic electricity needs.
     Estonia was under Soviet occupation when the 1986 Chernobyl disaster occurred. Some Estonians were forcibly drafted in response to the human-caused catastrophe. The RBMK-type reactor that exploded is now obsolete.

Ambient office = 82 nanosieverts per hour

Ambient outside = 140 nanosieverts per hour

Soil exposed to rain water = 139 nanosieverts per hour

Red bell pepper from Central Market = 108 nanosieverts per hour

Tap water = 74 nanosieverts per hour

Filter water = 86 nanosieverts per hour

     Investors have drawn NuScale, a Portland-based nuclear power company, into federal court. They claim that the company misled them about a major project promised to usher in a new age of nuclear power.
     NuScale canceled a partnership earlier this mouth with Utah Associated Municipal Power Systems that would have been the first small modular reactors (SMRs) constructed in the U.S. The project called for six NuScale SMRs to be constructed at the U.S. Department of Energy’s Idaho National Laboratory. The partnership collapsed earlier this month under the weight of rising interest rates and inflation, according to NuScale. The project would have delivered nuclear power to sixteen states.
     In a class-action filed on November 15th, investors said that NuScale “made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects.” The litigants are seeking unspecified monetary damages to recoup their losses plus interest.
     There are a number of U.S. companies trying to perfect SMR technology. However, only NuScale has a SMR design approved by the U.S. Nuclear Regulatory Commission. SMRs are supposed to be cheaper to build and operate. It is claimed that they are safer than traditional nuclear power plants because emergencies would be easier to contain.
     SMRs have capacities up to three hundred megawatts. This is less than half the capacity of current big nuclear power reactors. SMRs are constructed at central locations then shipped to their final destination. Their modular design means that additional SMRs can be added as power demand grows.
     The lawsuit claims NuScale withheld from investors the fact that the proposed Idaho project was not financially viable after it failed to attract enough customers. Over the course of investor calls in 2023, NuScale executives told investors that progress acquiring the required customer base was “looking pretty good” and that “we continue to make progress.
     Iceberg Research is a short-selling firm specializing in revealing “substantial earnings misrepresentation and accounting irregularities.” They published research in October that contradicted the NuScale narrative, claiming no new customers had agreed to buy power generated by the NuScale project since March.
     The same report suggested that a second planned NuScale project to supply nuclear power to two Standard Power data centers in Ohio and Pennsylvania had little chance of success. NuScale claimed that that project would include twenty-four SMRs producing one thousand eight hundred and forty eight megawatts of electricity.
     Clayton Scott is the Chief Commercial Officer of NuScale. He told investors in October that “They need the power like last year. These guys are building data centers. They need it now. We’re going to start work right away.”
     Iceberg claimed that “This contract has zero chance of being executed as Standard Power clearly does not have the means to support contracts of this size.”
     Based on statements on Standard Power’s website, the Iceberg report said that Standard Power demand for electricity was dramatically lower than what NuScale said it would be delivering.
     Diane Hughes is the Vice President of Marketing and Communication at NuScale. She called the plaintiffs in the lawsuit “serial litigants”. She added that “repeating false and misleading claims does not make them true. NuScale will vigorously defend itself in the proper forum.”
NuScale’s stock has dropped sixty percent since last August.

Ambient office = 171 nanosieverts per hour

Ambient outside = 148 nanosieverts per hour

Soil exposed to rain water = 144 nanosieverts per hour

Purple onion from Central Market = 108 nanosieverts per hour

Tap water = 87 nanosieverts per hour

Filter water = 73 nanosieverts per hour

Ambient office = 81 nanosieverts per hour

Ambient outside = 97 nanosieverts per hour

Soil exposed to rain water = 97 nanosieverts per hour

Nectarine from Central Market = 108 nanosieverts per hour

Tap water = 119 nanosieverts per hour

Filter water = 112 nanosieverts per hour

Ambient office = 75 nanosieverts per hour

Ambient outside = 133 nanosieverts per hour

Soil exposed to rain water = 125 nanosieverts per hour

Mini cuke from Central Market = 154 nanosieverts per hour

Tap water = 104 nanosieverts per hour

Filter water = 96 nanosieverts per hour

Dover Sole from Central = 98 nanosieverts per hour