Sweden grants guaranteed prices and subsidies to develop nuclear energy - Economic Scenarios

Several industry players are cautiously in favour of the government's proposals on the financing of new nuclear power. But it may take some time before someone puts the shovel in the ground. “We see it as unlikely that an application would come in this year,” says Jesper Marklund at Fortum.

The opposition unanimously condemns the government's plan to pay for nuclear power - and says no to the bill. Too expensive, too unclear and associated with too many risks, is the assessment. - We would be buying a pig in a poke if we agreed to this particular bill, says Fredrik Olovsson (S).

New nuclear power will help 'future-proof' Sweden, says minister, and the state will provide loans.

The investigator proposed multi-billion-kroner loans and price guarantees to get new nuclear power in place. Now the government's bill is ready. At 12:30, the government will hold a press conference - follow it in the player below.

Sweden grants guaranteed prices and subsidies to develop nuclear energy - Economic Scenarios

The Swedish government has proposed state aid and energy price guarantees to companies for investments in the construction of four new nuclear reactors. The initiative is part of Sweden's strategy to increase electricity production and reduce carbon emissions, as reported by Reuters . The proposal aims to meet the country's growing electricity demand, which is expected to reach 300 terawatt hours (TWh) by 2045, up from 135TWh in 2023. With profi…