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Vattenfall retires Ringhals-2 nuclear power plant in Sweden

Vattenfall has decommissioned the Unit 2 of the Ringhals nuclear power plant in Sweden, after 44 years of operation and 215 TWh of generation. The Ringhals-1 and 2 nuclear reactors, rated 881 MW and 807 MW, respectively, were commissioned in 1975 and 1976. Ringhals-1 is expected to close in 2020.

In September 2015, the shareholders of the Ringhals nuclear power plant, namely Vattenfall (70.4%) and E.ON (29.6%) at this time, reached an agreement to shut down the two reactors, due to lowering electricity prices and rising production costs in the coming years. The decision was announced by Vattenfall in April 2015 and required the approval of E.ON, which was contesting the early closure. E.ON shares in the plant now belongs to Sydkraft, an affiliate of German company Uniper.

Vattenfall's five other nuclear reactors Ringhals 3 and 4 (1,063 MW and 1,115 MW, respectively), and Forsmark 1, 2 and 3 (984 MW, 1,120 MW and 1,170 MW, respectively) will be operated for at least 60 years, until the early 2040s. In addition, investment plans for units 3 and 4 at Ringhals will not be affected and they should remain in operation until 2041 and 2043.

 

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