Sweden’s Biggest Nuclear Bet in 40 Years: Rolls-Royce Lands Historic SMR Deal, Pushing RYCEY Stock Upward
7 Articles
7 Articles
Cleared with government support • Described as "historic decision".
The government has reached an agreement with the company Videberg Kraft on the terms for state support for building new nuclear power.
The Tidö parties have agreed on state support for new nuclear power in Sweden. The state will also become a partner in the company Videberg Kraft. – This is a historic decision, says Ulf Kristersson.
Svenska Dagbladet
HDThe government has agreed with the company Videberg Kraft on the terms for state support for new nuclear power in Sweden.
Sweden’s Biggest Nuclear Bet in 40 Years: Rolls-Royce Lands Historic SMR Deal, Pushing RYCEY Stock Upward
Sweden has taken a major step toward expanding nuclear energy for the first time in more than four decades. The country chose Rolls-Royce SMR to provide three small modular reactors (SMRs). These will support a new nuclear project on the Värö Peninsula, close to the Ringhals nuclear power station. The decision follows a three-year review process in which project developer Videberg Kraft evaluated 75 reactor options before choosing Rolls-Royce’s …
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