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. “The …
Read More »Nuclear Power Helps Bring down Electricity Prices by 75% in Finland
The start of a much-delayed nuclear plant in Finland has helped bring down electricity prices by more than 75 per cent in the Nordic country, chief executive of Finland’s national grid operator Fingrid has said. The Olkiluoto 3 (OL3), Europe’s first new nuclear plant in 16 years, began operating in …
Read More »Europe’s Newest Nuclear Reactor Eases Finland’s Power Problems
The newest nuclear reactor in Europe, the Olkiluoto 3 plant unit (OL3), exceeded the landmark 1,000-megawatt power mark on Friday, easing the strain on Finland’s electricity grid, Bloomberg reports. The unit, which became earlier this week the single largest electricity generation unit in Finland by capacity when it was raised …
Read More »Erdogan Warns Sweden, Finland NATO Bids could still be Blocked
Turkish President Recep Tayyip Erdogan said Thursday that Sweden and Finland could still have their NATO bids blocked by Turkey if the Nordic nations don’t follow a memorandum that was signed earlier in the week. Turkey lifted its objection to Sweden and Finland joining NATO after the three countries signed …
Read More »Russia Cuts off Finland Gas Flows over Payment Dispute
Russia’s Gazprom halted gas exports to neighbouring Finland, the latest escalation of an energy payment dispute with Western nations. Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow’s invasion of Ukraine. But Finland refused to do so. “Gas imports …
Read More »Russia Halts Electricity Supply to Finland amid NATO Tensions
RAO Nordic, a subsidiary of Russian state energy holding Inter RAO, has suspended its electricity supply to Finnish electricity grid operator Fingrid, citing payment concerns. The company has been importing electricity from Russia to Finland and selling it on the Nord Pool exchange for several years. It stopped supplying power …
Read More »Russia to Halt Electricity Exports to Finland on Saturday
Following Thursday’s report that Russia threatened to cut the flow of gas to Finland, Russia—through its entity RAO, will suspend imports of electricity to Finland as of 1:00 a.m. on Saturday, May 14, Fingrid said on Friday in a statement on its website. The Finnish transmission system operator, Fingrid, claims …
Read More »Friendly Bacteria Treats Wastewater with Less Energy
Bacteria that eat nitrogen and organic matter are part of processes that can be developed for treating wastewater with less energy and emissions. More than half of the energy required for wastewater treatment is used to supply oxygen to the biological reactor. The bacteria need oxygen to function. However, treatment …
Read More »Neste Ramps Up Wind Energy at Its Finnish Production Sites
The power agreement will allow the firm to cut its indirect emissions at its sites by approximately 55 kilotons. which is equivalent to the annual carbon footprint of more than 8,500 citizens.
Read More »Neste Inks PPA with Fortum for Finnish Wind Power
Electricity delivery from the Kalax wind farm is expected to start in early 2021.
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