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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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.
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