Negative
Setback or risk materialised
High Impact
Major milestone or critical setback
In December 2006, the Finnish Government, acting through the Finnish Ministry of Trade and Industry, rejected United Power Oy’s construction permit application for the Kernovo–Mussalo HVDC submarine cable project. This decision formally refused development consent for the 1,000 MW Russia–Finland interconnector and led to United Power suspending its activities on the project.