Aurora Fission Oy develops investment‑ready district‑heat projects using small modular reactors (SMRs). We coordinate feasibility, siting, regulatory and financing so utilities and technology vendors can focus on design and construction.
Finland is retiring peat/coal capacity by 2030 and targeting carbon neutrality by 2035. Northern cities require reliable, zero‑carbon base heat that complements renewables.
Aurora acts as project developer & financier—identifying sites, coordinating feasibility and EIA pre‑scoping, aligning regulators, and structuring capital for deployment with SMR vendors.
A bankable Project Dossier: site screening, demand model, environmental baseline, stakeholder support, permitting roadmap, and financial model—ready for JV or investment.
Assessing a 50 MWth SMR contributing up to 30% of Oulu's district‑heat demand with zero emissions. Phase 1 covers heat‑demand modeling, site screening near existing infrastructure, and stakeholder engagement.
Concept & partnerships (0–6m) → Feasibility (6–18m) → EIA & JV (18–30m).
50–70% of study costs targeted via Business Finland/EU grants; balance via partners and investors.
Investment‑ready dossier for utility/JV or strategic sale; developer success fee + optional carried equity.
LUT Energy Systems & VTT for heat‑demand modeling, safety research, and grant collaboration.
Steady Energy (LDR‑50) and other SMR providers to align technical parameters and licensing pathways.
Oulun Energia and peers for offtake, data, and local stakeholder coordination.
Emerson Silva — Founder (in formation), Aurora Fission Oy
Email: emerson@aurorafission.com
Location: Oulu / Lappeenranta, Finland