What Energy Crisis? Swedish Reactors Cut Output as Prices Plunge

  • Vattenfall curbs output at two reactors north of Stockholm
  • Nordic power trades at lowest since November on gusty winds
Photographer: Mikael Sjoberg/Bloomberg
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Europe is engulfed in an energy crisis, but you wouldn’t know it from looking at a Swedish nuclear plant.

Nordic power prices have been so low in recent days that a nuclear station has curbed output voluntarily, a sharp contrast to the energy crunch sweeping the continent where every megawatt counts.