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Studsvik Signs Landmark Agreement to Manage Norway's Legacy Spent Nuclear Fuel

The frame agreement covers transport, treatment and interim storage of 16.5 tonnes of spent fuel and could reach SEK 4 billion.

Summary by WFMZ
The frame agreement with Norwegian Nuclear Decommissioning (NND) runs until 2055, has an estimated contractual minimum value of about SEK 875 million and an estimated total value for Studsvik of SEK 3-4 billion, and covers transport, treatment to meet long-term…

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The company Studsvik outside Nyköping has signed a framework agreement to handle and process Norwegian spent nuclear fuel. An agreement worth between three and four billion kronor.

·Stockholm, Sweden
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Nuclear engineering company Studsvik has signed a long-term framework agreement with the Norwegian Nuclear Decommissioning Authority (NND) for Norway's spent nuclear fuel. The agreement runs until 2055. The stock is surging after the news.

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Nuclear power company Studsvik has signed a long-term framework agreement for Norway's spent nuclear fuel with Norwegian Nuclear Decommissioning (NND) that runs until 2055. This is stated in a press release.

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For decades, the highly radioactive nuclear waste from Kjeller and Halden has been lying in outdated storage facilities. Today, Norway signed a billion-kroner agreement with Swedish Studsvik AB.

·Oslo, Norway
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NRK broke the news in Oslo, Norway on Friday, October 16, 2026.
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