Two Swedish nuclear reactors face closure

E.ON- owned OKG plans to shut down two nuclear reactors at its Oskarshamn plant in Sweden.

The company said it will decide on the fate of the facilities in the third quarter. The 638 MW nuclear reac Oskarshamn tor has been offline since May 2013 and may never restart if OKG board decides to shut it permanently, the operator added.

"E.ON has informed of its intention as majority owner of OKG AB to pursue a direction to permanently discontinue electricity production at OKG unit 2 as soon as possible," OKG said in a market message.

The German power group also wants to discontinue power production at the 473 MW Oskarhsman-1 nuclear reactor after receiving relevant permissions from the regulator, which is expected sometime during the period 2017-2019, it said in a separate message.

E.ON has 54.5 per cent stake in Oskarshamn plant on Sweden's eastern coast, and Finland's Fortum holds the remaining 45.5 per cent.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...