Article

Fortum has signed a framework agreement with Steady Energy to provide nuclear expertise for the development of the LDR-50 small modular reactor, aimed at enhancing low-emission district heating in Finland. The company will invest EUR 2.1 million and may offer operational services in Finland and Sweden, with construction of the reactor expected to begin in 2029, pending regulatory approval. This partnership builds on previous collaborations and highlights the role of small nuclear technology in the energy transition.