nuclear-news

Finland electricity rates five times more than Sweden

http://www.icenews.is/index.php/2012/08/20/finland-electricity-rates-five-times-more-than-sweden/

Posted on20 August 2012

“…

Current electricity rates in Sweden cost a fraction of those in Finland, according to a recent YLE report.

Officials say that Sweden is seeing some of its lowest electricity rates in more than 20 years thanks to high rainfall levels seen over the summer alongside the massive capacity of regional hydroelectric plants.

As a result, around a third of Finland’s electricity is currently being imported from the Swedish border. Friday’s official average rates were 1.6 euro cents in Sweden and four cents in Finland.

Experts say that Finland has been unable to benefit from the wet summer because it lacks the dramatic topography found in Sweden and Norway that enables the neighbouring nations to take advantage of hydroelectric production methods….”

And then there is this

“…As of 2008, Finland‘s nuclear power program has four nuclear reactors in two power plants, all located on the shores of the Baltic Sea. The first of these came into operation in 1977. In 2007 they provided 28.4% of Finland’s electricity. They are among the world’s most productive, with average capacity factors of 94% in the 1990s.^[2] A fifth reactor is under construction, scheduled to go online in 2015 or later….”

http://en.wikipedia.org/wiki/Nuclear_power_in_Finland

August 21, 2012 - Posted by arclight2011 | Uncategorized