Hacker News Reader

Why? At least in Sweden I would say most people are celebrating that Nordstream went kaputt.

That's a rather big claim and I would disagree.

That said, looking forward to paying 20 SEK per kWh, that'll be fun. Also, there's no wooden pellets or firewood for purchase no more - as it's all going to the continent.

Isn’t Sweden insulated from the energy crisis because so much of its electricity comes from hydropower and nuclear?

Sweden privatized its electricity sector. Then several nuclear power plants shut down, in some cases because prices were low at the time and it wasn't profitable and in some cases because they let it fall into disrepair. So Sweden has an energy crisis of its own now. Sweden does have hydropower and wind power, so prices are low when it has been windy and rainy, but prices are sky high the rest of the time.

Reply on news.ycombinator.com