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Swedish Government Launches Nuclear Push

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Sweden's new center-right government this week launched the legislative process for lifting a prohibition on the construction of power reactors in greenfield sites and to allow more than 10 operating reactors. The proposal will be under consultation for three months, after which it will be submitted to Parliament. Any resulting law is set to come into effect on Mar. 1, 2024. This is intended to make it possible to build reactors — particularly small modular reactors (SMRs) — near end users, and to encourage new players to enter the market. Currently new reactors can only be authorized if they are replacing a shuttered reactor on a brownfield site. The Tido political agreement, signed in October 2022, committed the country's consortium government to changing Sweden’s energy policy goal from 100% renewable energy to 100% fossil-free energy, and called for new nuclear-enabling policies and funding. Sweden currently has six reactors in operation, and state-owned Vattenfall began a feasibility study in June 2022 on the construction of SMRs adjacent to its Ringhals plant.

Topics:
Nuclear Policy, Low-Carbon Policy, Nuclear Newbuilds
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