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Finland starts much-delayed nuclear plant, brings respite to power market

reuters.com

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Re: Finland starts much-delayed nuclear plant, brings respite to power market

#6
post #4

What I find shockingly absent in this article is any commentary on budget and cost overruns. I'm definitely not anti-nuclear but it stands to reason that a comparison vs other forms of energy would've been wise to consider.

Yep. I think the only chance for embracing more nuclear would be to have smaller modular reactors that can be built on an assembly line. And while we're dreaming, moving to Thorium as the fuel.

Re: Finland starts much-delayed nuclear plant, brings respite to power market

#7
Electricity prices are through the roof in Finland right now. This was even the case before the war started. We import an incredible amount of LNG from Russia, a lot of which is used for electricity production if I have it correct, which we would of course like to be independent of. But for the time being we have spikes of 60-70 cents/kWh electricity prices. Hopefully OL3 will help this somewhat.

Finland has another nuclear power plant under construction as well... or at least we did, until the war started, now I don't know what will happen. Rusatom was supposed to supply the reactor for Hanhikivi nuclear power plant, which was also severely delayed.

Russia is also an important supplier of nuclear fuel to Finland.

Re: Finland starts much-delayed nuclear plant, brings respite to power market

#9
post #7

Electricity prices are through the roof in Finland right now. This was even the case before the war started. We import an incredible amount of LNG from Russia, a lot of which is used for electricity production if I have it correct, which we would of course like to be independent of. But for the time being we have spikes of 60-70 cents/kWh electricity prices. Hopefully OL3 will help this somewhat. Finland has another…

We don't import a lot of LNG from Russia. Gas coming from Russia comes through the pipes, not LNG. However, we don't even use gas a lot in Finland (it accounts 3% of the total energy production).

The electricity prices are through the roof for other reasons (and have been for almost a year now) and are not related to Russia at all.

Re: Finland starts much-delayed nuclear plant, brings respite to power market

#10
post #9
post #7

Electricity prices are through the roof in Finland right now. This was even the case before the war started. We import an incredible amount of LNG from Russia, a lot of which is used for electricity production if I have it correct, which we would of course like to be independent of. But for the time being we have spikes of 60-70 cents/kWh electricity prices. Hopefully OL3 will help this somewhat. Finland has another…

We don't import a lot of LNG from Russia. Gas coming from Russia comes through the pipes, not LNG. However, we don't even use gas a lot in Finland (it accounts 3% of the total energy production). The electricity prices are through the roof for other reasons (and have been for almost a year now) and are not related to Russia at all.

Care to elaborate?
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