Swedish MPs Back Financing for New Nuclear Reactors

The Riksdag has hammered through the law on how new nuclear power will be financed. But nothing is said about how high the price tag will be. “It will be like buying a pig in a poke,” says Fredrik Olovsson (S).

Today, the Riksdag is hammering out the law on how new nuclear power will be financed. But nothing is said about how high the price tag will be. – It will be like buying a pig in a poke, says Fredrik Olovsson (S).

Today, the Riksdag is expected to hammer out what could be one of Sweden's most expensive investments in modern times – the financing of new nuclear power. Here are all the uncertainties and challenges that await.

Sweden's Riksdag approves state aid to fund new nuclear reactors

The Swedish Parliament has passed a pivotal bill outlining a novel approach to financing and risk sharing for investments in nuclear power.

The Swedish Parliament (Riksdag) has passed a new law to boost the construction of new nuclear reactors through state loans and a guaranteed minimum price for electricity produced. The proposal came forward with 154 votes in favour - of the right-wing government coalition and its allies of the ultra-right-wing Democrats in Sweden - and 151 against all opposition. It is an economic aid for the equivalent of four large reactors (5,000 megawatts), …

Swedish MPs back financing for new nuclear reactors

Financing for the Swedish government's plans for four large-scale nuclear reactors has been approved by the parliament.