Today: 12.Jun.2021

Rauli Partanen, independent author on energy and its role in the environment and modern society. Nuclear power in Sweden has become uneconomical. Wholesale prices of electricity in Sweden have been much lower than the break even price for nuclear generation. Electricity has been sold at a record low price of €20 per megawatt hour (MWh), while the cost of generating nuclear power has been in the same ballpark, or even slightly higher. In addition, the Swedish government has set a tax on nuclear power, which has been steadily rising. After the latest hike, it amounts to about a third of the wholesale price, roughly €7 per MWh.

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