nuclear-news

Sweden accelerates its closure of its uneconomic nuclear industry

Sweden to speed up nuclear reactors closure The Local, 28 Apr 2015   Sweden’s state-owned energy group Vattenfall on Tuesday said it planned to shut down two nuclear reactors in 2018 and 2010, up to seven years earlier than expected. Vattenfall said reactors 1 and 2 at the Ringhals plant in south-west Sweden were too costly to keep in production until 2025 as previously planned.

“Ringhals 1 and 2 may be closed down between the years 2018 and 2020 instead of, as previously announced, around 2025,” Vattenfall said in a statement.

“The reason is declining profitability and increased costs,” it said……The Swedish group has been struggling to improve profits for several years, suffering from weak demand and plunging electricity prices………http://www.thelocal.se/20150428/sweden-speeds-up-nuclear-reactors-closure

April 30, 2015 - Posted by Christina Macpherson | politics, Sweden