Finland's Electricity Prices Fall BELOW Zero Due To Oversupply From Clean Sources

Surging hydroelectric power, new nuclear reactors online, and an influx of solar and wind capacity additions sent electricity prices in Finland below zero on Wednesday, in a stark reversal from last year when residents were warned of shortages after Russia cut off pipeline gas supply to its EU neighbor.


[SIZE=5][COLOR=rgb(184, 49, 47)]“The average price for the day is now on the negative side.(FREE)[/SIZE] Yes, it is historic,” Jukka Ruusunen, chief executive officer of grid operator Fingrid, told local news outlet Yle. Abundant meltwater is raising hydropower production, while the newest nuclear reactor in Europe – and the biggest by capacity – started producing electricity in Finland last month. Olkiluoto 3, which has completed test production and is now regularly producing electricity, is expected to account for 30% of Finland’s power generation, the plant operator, TVO, says.
Finland’s Electricity Prices Fall Below Zero | OilPrice.com

when systems work

rutoo si alisema nairobi will run on waste akiingia:D:D

Huku Kenya you have better chances of finding snow in hell than this actually happening.

Wale wako poa when it comes to Management.

Kule Norway mtoi anayezaliwa saa hii tukiongea anajipata na equivalent ya USD 250,000 kwa NSSF ya huko kwao. His forefathers didn’t plunder Norway’s Oil Money.

Mubabu aki retire from Norway akuje kuishi Kenya atakaa maisha ya kifalme for the next 2 or 3 decades on pension. Anakula soft meat kwa leafy suburbs.

Hiyo ni ngumi ya kahasho :D:D kuwa polite saa zingine.

How is the oversupply from “clean sources” and yet the article says the oversupply is due to construction of the biggest nuclear power plant in the world?

Newest nuclear reactor in Europe – and the biggest by capacity – started producing electricity in Finland last month. Olkiluoto 3

Nuclear is a clean source, according to people who believe its a clean source. If you ask me, a source that has the potential to fuck up the environment for millions of years in case of any mishap is nowhere near being a clean source.

Nuclear energy is classified as clean since it has zero emissions only steam. It only gets dangerous when the plant is damaged.

[SIZE=5]Nuclear Power Is Not Clean or Green![/SIZE]

No contemporary energy source is as environmentally irresponsible, imposes such a high liability on taxpayers, or is as dangerous as nuclear power.

The Real Dirt on Nuclear Energy
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[li]The mining, milling and enrichment of uranium into nuclear fuel are extremely energy-intensive and result in the emission of carbon dioxide into the atmosphere from the burning of fossil fuels.[/li][li]Estimated “energy recovery time” for a nuclear power plant is about 10 to 18 years, depending on the richness of uranium ores mined for fuel. This means that a nuclear power plant must operate for at least a decade before all the energy consumed to build and fuel the plant has been earned back and the power station begins to produce net energy. By comparison, wind power takes less than a year to yield net energy, and solar or photovoltaic power nets energy in less than three years.[/li][li]The Nuclear Regulatory Commission has calculated that collective radiation doses amounting to 12 cancer deaths can be expected for each 20-year term a reactor operates, as a result of radioactive emissions from the nuclear fuel cycle and routine reactor operations. This calculation assumes no unplanned accidents and does not consider radiation releases from high-level nuclear waste “disposal” activities. Nor are nonfatal health impacts related to radiation exposure counted in this tally.[/li][li]Thermal pollution from nuclear power plants adversely affects marine ecosystems. “Once-through” cooling systems in use at half the U.S. nuclear reactors discharge billions of gallons of water per day at temperatures up to 25 degrees Fahrenheit hotter than the water into which it flows.[/li][/ul]

The Waste Problem

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[li]A typical reactor will generate 20 to 30 tons of high-level nuclear waste annually. There is no known way to safely dispose of this waste, which remains dangerously radioactive for a quarter of a million years.[/li][li]The nuclear power industry has amassed hundreds of thousands of tons of “low-level” radioactive waste (or, in industry and regulatory parlance, “slightly radioactive solid materials”), which has created an enormous disposition problem. The industry hopes to absolve itself from liability for this waste through the insane practice of “releasing” it from regulatory control, whereupon it could be sent to recycling facilities and ultimately end up in common consumer products![/li][li]Isolating nuclear waste from people and the environment requires significant energy and resources.[/li][/ul]
Safety and Security Risks

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[li]Nuclear power poses unique safety and security threats, relative to other sources of electricity. A severe accident or attack at a nuclear plant could be catastrophic.[/li][li]Accidents do happen, as history has taught us at Chernobyl, Three Mile Island and, most recently, the Davis-Besse nuclear plant near Toledo, Ohio, which came dangerously close to disaster when acid corroded a hole in its reactor head. [/li][li]The insurance industry won’t insure against nuclear power plant accidents. Nuclear power plant operators rely on a government-backed “Price-Anderson” insurance scheme that limits their liability in the event of an accident or attack.[/li][/ul]
And Expensive Too!

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[li]The Department of Energy admits that “Economic viability for a nuclear plant is difficult to demonstrate.” Since the inception of commercial nuclear power in the United States 50 years ago, this industry has been propped up by huge government subsidies.[/li][/ul]

Snow melt has increased hydropower production…read and comprehend.

Uranium mines in congo. Thousands of acres of rainforest have been cleared to mine the uranium which is then exported to make uranium fuel for nuclear reactors. Hii kweli ndio clean and green energy?

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I find nuclear energy to be way much better than green energy