Closure predicted despite investment

The Oskarshamn 2 reactor is likely to be shut down for good. Following months of negotiations, principal owner E.ON is insisting the reactor, which has been shut down for more than two years during a multi-billion kronor upgrade, should not be re-started. The power company says Oskarshamn 1, which is the oldest reactor, should also be shut down early, i.e. sometime between 2017 and 2020.

Finland’s Fortum, which is a major stakeholder in Oskarshamn operator OKG, has contested this, but experts believe E.ON will win the battle.

“Our main scenario is that Oskarshamn 2 has produced its last kilowatt hour,” says Christian Holtz, from consultant firm Sweco.