Finland is leading the way in cheaper energy prices for its citizens.
In April this year, Finland’s Olkiluoto 3 nuclear reactor started regular output and should meet around 14 percent of Finland’s electricity demand.
Expected to produce energy for at least 60 years, the new reactor has created energy prices that are 75 percent cheaper. The average spot electricity prices fell from €245.98 per megawatt hour in December to €60.55 (US$65.69) in April.
Perhaps spurred on by this success, Sweden, the country that has been at the forefront of the green movement, has ditched its renewable energy targets and is also going nuclear.
The Swedish Parliament agreed in June to change their target of 100 percent renewable electricity to 100 percent fossil free in order to meet net zero by 2045….