Sweden's Vattenfall Applies for State Aid for New Nuclear Reactors

Sweden's Vattenfall applies for state aid for new nuclear reactors

Sweden's Vattenfall Seeks State Funding for New Nuclear Reactors

Sweden’s power giant Vattenfall announced on Tuesday it is applying for state aid for an investment in small modular reactors (SMRs) as part of a plan by industrial giants to bet on new nuclear power in the country.  Last month Sweden’s biggest industrial firms signed an agreement with Vattenfall to become shareholders in the power giant’s new company, Videberg Kraft AB, which plans to build SMRs in the country. One of Europe’s top electric util…

Swedish company applies for state aid for new nuclear power

Stockholm – The Swedish state-owned energy company Vattenfall has, through the project company Videberg Kraft AB, submitted an application to the government for state aid to build new nuclear power. The application concerns plans for three or five new smaller reactors on the Värö Peninsula in Varberg Municipality, where the Ringhals nuclear power plant is located. “The next step now is to begin negotiations with the Government Offices on state a…

Sweden’s Vattenfall Applies For State Aid For New Nuclear Reactors At Ringhals - NucNet - Pro-Nuclear Power Blogs - Nuclear Street - Nuclear Power Plant News, Jobs, and Careers

Swedish utility Vattenfall has applied for state financing to build new reactors at its Ringhals plant, it said on Tuesday, the first company to do so under a scheme the government hopes will lead to a renaissance in nuclear power. State-owned Vattenfall ...