The state becomes a co-owner of new nuclear power
The government has announced that they have reached an agreement with the company Videberg Kraft to build new nuclear power in Sweden. The state will enter as a co-owner in the project to enable the expansion of Swedish electricity production.
The decision means that the state will provide financial support and take an active role in the financing of the new reactors. The purpose of the collaboration is to secure a stable and fossil-free electricity supply for both households and Swedish industry for a long time to come.
Nuclear power is seen by the government as an important part of the transition to a sustainable energy system. By the state becoming a co-owner, the financial risk for the company is reduced, which makes it easier to carry out large investments in new technology.
Plans for new nuclear power have been discussed extensively for a long time. This agreement marks a clear step towards the goal of increasing the country's total electricity production to meet the growing demand for electricity in society.
Work on the new reactors is expected to begin within the coming years. The government emphasizes that this is a necessary investment for Sweden to be able to maintain its competitiveness and meet the climate goals by the year 2045.