Fortum shelves nuclear plans to focus on renewables and plant upgrades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 25 2025
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Should l Buy ?
Source: Yahoo Finance
Nuclear Power Feasibility: Fortum's two-year study concluded that new nuclear power is not commercially viable under current Nordic market conditions, but could be feasible with a solid risk-sharing framework and increased customer demand.
Focus on Renewables and Nuclear Upgrades: The company plans to prioritize renewable energy expansion and extend the lifespan of existing nuclear plants while collaborating with suppliers to mitigate risks before making investment decisions in new nuclear projects.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
