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Nuclear reactor problems add to Sweden’s electricity costs

Vattenfall ….reduced capacity at one of its four reactors…OKG AB,……..technical problems with its third and largest reactor.

Swedish Electricity Prices Hike As Nuclear Problems Remain – WSJ.com, By Sven Grundberg, 14 Dec 10, STOCKHOLM (Dow Jones)–Swedish electricity prices remain at unusually high levels due to extraordinary cold and dry weather and continued problems at two nuclear power plants……nuclear capacity in Sweden, which usually accounts for half of the country’s electricity output, stands at less than two thirds of total capacity due to technical problems.

Swedish state-owned power utility Vattenfall AB (VTF.YY) Monday said it had reduced capacity at one of its four reactors to 50 megawatts from 900 MW due to salt water leaking into its turbine system. Another reactor in Ringhals is still closed after it failed to re-start after maintenance two weeks ago. The Ringhals nuclear power plant is currently operating at 50% of its full capacity of 3700 megawatt.

OKG AB, which operates four nuclear reactors in Oskarshamn and is owned jointly by E.ON AG (EOAN.XE) and Fortum Oyj (FUM1V.HE), remains at roughly 60% of its full capacity of 2,570 megawatt, due to technical problems with its third and largest reactor.

Swedish Electricity Prices Hike As Nuclear Problems Remain – WSJ.com

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December 14, 2010 - Posted by | business and costs, Sweden

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