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by fmajid 1353 days ago
Isn’t Sweden insulated from the energy crisis because so much of its electricity comes from hydropower and nuclear?
1 comments

Sweden privatized its electricity sector. Then several nuclear power plants shut down, in some cases because prices were low at the time and it wasn't profitable and in some cases because they let it fall into disrepair. So Sweden has an energy crisis of its own now. Sweden does have hydropower and wind power, so prices are low when it has been windy and rainy, but prices are sky high the rest of the time.