Finnish government says 'no' to Olkiluoto 4

From Reuters: "Finland's government has rejected an application from utility Teollisuuden Voima (TVO) to extend a permit for a new nuclear reactor in the west of the country, Economy Minister Jan Vapaavuori told reporters on Thursday. TVO had requested a five-year extension to the Olkiluoto 4 reactor project because it was dealing with delays and overruns at its predecessor, Olkiluoto 3. TVO, whose biggest owners include paper companies UPM-Kymmene and Stora Enso as well as utility Fortum, has until next summer to submit a construction plan for Olkiluoto 4 to the government."