Finnish Nuclear Power Plant Cuts Output After Prices Go Negative

As we detailed in early May, the transition from testing to regular output last month saw Finland's first nuclear power-plant drive electricity prices dramatically lower. As yle reports, the Olkiluoto 3 nuclear reactor in Eurajoki, southwest Finland, started regular electricity production in mid-April, about 14 years behind schedule. Since then prices for power in Finland have continued to plunge as the efficiency of the plant flooded the grid with 'new' energy. So much in fact that early on Wednesday of last week,…