Nuclear Outages Drive Nordic Power Prices to Highest Since March
- Electricity for Thursday traded at highest since March
- Ringhals-4 is expected to return to the grid late on Thursday
The Olkiluoto-3 nuclear reactor, operated by Teollisuuden Voima Oyj, went offline during testing in the afternoon, according to regulatory filings with the Nord Pool exchange.
Photographer: Roni Rekomaa/BloombergThis article is for subscribers only.
Two unplanned outages at key reactors in Sweden and Finland sent Nordic power prices to their highest levels since March, just as a cold snap engulfs the region.
Vattenfall AB’s Ringhals-4 nuclear reactor shut early Wednesday after a failure, while Teollisuuden Voima Oyj’s Olkiluoto-3 went offline during testing in the afternoon, according to regulatory filings with the Nord Pool exchange.