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Here in Finland they innovated a long time ago by building/owning more electricity production capability than they use and selling to themselves "at cost" inst
by doikor 5y ago
Here in Finland they innovated a long time ago by building/owning more electricity production capability than they use and selling to themselves "at cost" instead of market rate when it makes sense.
This also ties into the nuclear reactors (and the new OL3 reactors) where the parts of the industry that use lots of electricity (paper/cardboard/cellulose here in Finland) are the biggest single owners. Basically they want to be damn sure they can get the electricity they need when they need it at a price they can still make a profit from whatever they use it for.