Swedish Premier Warns of Power Crisis as Key Reactor Shuts

  • Swedish power prices have soared to highest in months
  • Energy demand is peaking as a cold snap engulfs Scandinavia
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Sweden’s power crisis is getting worse, with an outage at its biggest nuclear reactor exposing the nation to the real risk of disconnections, Swedish Prime Minister Ulf Kristersson said.

Uniper SE will shut its Oskarshamn-3 unit on the nation’s southeast coast for a nine-day maintenance outage later on Friday, exacerbating a power shortage. Sweden will next week have to rely on imports from Norway, Germany and Poland to ensure there’s enough electricity to go around, the grid operator said.