Oil-Fired Karlshamn Power Plant to Provide 330 MW Winter Reserve for Sweden
The power reserve for winter is in place. Svenska kraftnät has signed an agreement to keep the oil-fired Karlshamnsverket ready in case of a power shortage.
BusinessThe power reserve for winter is in place. Svenska kraftnät has signed an agreement to keep the oil-fired Karlshamnsverket ready in case of a power shortage.
BusinessThe Swedish electricity reserve for the winter has been secured. On its second attempt, Svenska kraftnät has signed an agreement with two suppliers to secure the electricity supply during cold snaps.
BusinessWinter has taken a firm grip on the country, and on Wednesday, electricity consumption will reach its highest level so far this winter. But there is no risk of electricity shortages or price increases, at least not yet. "It looks stable," says electricity analyst Johan Sigvardsson.
BusinessThe oil-fired Karlshamnsverket power plant was restarted on Monday because of high electricity prices.
BusinessSvenska kraftnät is making a new attempt. With a twisted model, the authority hopes to find a company that can manage Sweden's electricity reserve this winter.
BusinessKarlshamnsverket, which has acted as Sweden's electricity reserve for a number of years, is mothballing its operations. Without contingency money from the state, the plant is not profitable. But Svenska kraftnät has not given up on the oil-fired electricity producer.
BusinessSweden's former electricity reserve, Karlshamnsverket, is out of the picture as a savior in need. But still not. The oil-fired power plant is ready and can indirectly still prevent extensive power outages. Only if the electricity price is high enough.
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