State-owned Swedish utility Vattenfall called on Wednesday to abolish tax on nuclear power in Sweden to avoid early shutdown of its loss-making nuclear reactors and potential spike in electricity prices. The contentious issue may put further pressure on Sweden’s minority coalition government as its junior partner, the Green Party, has campaigned on pledges to speed up nuclear phase-out. Vattenfall and Germany’s E.ON have already decided to shut four out of ten Sweden’s nuclear reactors earlier than previously planned due to low profitability.
Reuters 27th April 2016 read more »