A monster of a day in Nuclear Energy news with Meta buying 20 years of power at a premium to the price Microsoft paid just 12 months ago for a similar deal I though a thread outside PDN specific or U308 would be ok.
Sweeden, Germany and France for my starter.
Germany has shut its really good Nuclear power off and is buying and paying a rapidly escalating amount to France "US$1.78 Billion during 2024"
France is clearly winning the Clean Nuclear Energy side from the $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ its racking in Sweden nuclear power is fascinating. The three plant are a significant part of its grid along with a Lot of hydropower. It's one of the most carbon free power supplies in the world The energy policy goal has shifted from "100% renewables" to "100% fossil-free," explicitly including nuclear power as a key component. This change was approved by parliament in June 20232
A point Germany may soon pay notice to with its highest power prices in the EU?
PDN Price at posting:
$6.49 Sentiment: Buy Disclosure: Held
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