Finnish Nuclear Plant Throttles Output After Electricity Prices “Become Too Cheap”

From ZeroHedge

As we detailed in early May, the transition from testing to regular output last month saw Finland’s first nuclear power-plant drive electricity prices dramatically lower. As yle reports, the Olkiluoto 3 nuclear reactor in Eurajoki, southwest Finland, started regular electricity production in mid-April, about 14 years […]

May 25th 2023 2:45am EDT

Source Link: https://www.zerohedge.com/energy/finnish-nuclear-plant-throttles-output-after-electricity-prices-become-too-cheap

Internet Archive Link: https://web.archive.org/web/20230525071306/https://www.zerohedge.com/energy/finnish-nuclear-plant-throttles-output-after-electricity-prices-become-too-cheap

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Discussion

Vive le retour à l'autonomie après ces 15 années passées à détruire un système qui a dû rendre autonome l'Europe d'après guerre avec peu d'impacts sur l'environnement et c'était plutôt l'urbanisation proche de ces zones qu'il ne fallait jamais autoriser puisqu'en cas d'accidents il y a une forte mortalité

Not so good for the owner (Finnish state). Even after Areva had to cover most of the enormous cost overrun, breakeven price for this plant is 42 eurocents.

Downthrotteling a nuclear power plant increases wear as well. It is designed for running at full power all the time.

Lowest price hours for Germany tomorrow is -129.96 EUR/MWh at 13 to 15 tomorrow. Good time to charge your car!