Ringhals 4 at half capacity affects electricity prices

One turbine at reactor 4 of the Ringhals nuclear power plant has been taken out of service since Saturday evening. The reactor is now operating at half capacity, according to Vattenfall.

The production interruption is expected to last into the beginning of next week. The cause is a water leak in one generator.

Half of Sweden's nuclear reactors are already closed for maintenance. Ringhals 3 has been shut down since the beginning of May.

Patrik Södersten, electricity price expert at Fortum, says the outage is keeping electricity prices high in southern Sweden. There the price is expected to reach 74 öre tomorrow compared with 19 öre today.

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Parts of Garpenberg mine closed through 2026 after quakes

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Following a series of seismic events at the Garpenberg mine in Hedemora, Boliden announced that large parts of the mine will remain closed throughout 2026. The company expects to lose 70 percent of planned production and incur a 400 million kronor loss in the first quarter.

The government proposes in its spring budget amendment that the state take a 60 percent majority stake in nuclear company Videberg Kraft, planning new small reactors at Ringhals. The state will buy shares from Vattenfall for 1.8 billion kronor in 2027. The deal gives the state direct and indirect ownership of 80 percent.

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Electricity prices in Sweden rose sharply in February, with the biggest increases in the north where rates became over 660 percent more expensive than the previous year. Experts point to cold weather, weak winds, and increased exports as causes of the shock. Forecasts suggest March may be cheaper, but uncertainties remain.

Uppsala University reports lacking over one billion kronor to maintain desired education quality, due to lower per-student funding and higher rents. Rector Anders Hagfeldt warns that current measures are negatively impacting quality. Student Emil Björnström describes reduced lab hours and closed facilities at the Ångström laboratory.

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Rising fuel prices linked to the situation at the Strait of Hormuz are forcing Swedish airline Populair to halt flights between Örnsköldsvik and Arlanda from June 12. This leaves Örnsköldsvik airport without regular connections, with the industry warning of more such cases. Regional operators are raising prices or pausing operations.

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