Vattenfall is investigating building small modular reactors in Sweden
By Dominic Chopping
STOCKHOLM – The Swedish state-owned energy group Vattenfall Group AB said on Tuesday that it is launching a pilot study that looks at the conditions for building at least two small modular reactors in connection with Ringhals nuclear power plant in Sweden.
The company said that electricity consumption in Sweden is expected to increase rapidly in the coming decades, and for that reason they are actively working to find out how various fossil-free energy sources can meet the increased demand for electricity.
“No investment decisions have been made, but during the spring, Vattenfall’s management team worked on the issue of new nuclear power in Sweden,” says Vattenfall’s CEO Anna Borg.
“Provided that a pilot study concludes that it would be profitable and all other conditions for a future investment decision are met, in particular new regulations for nuclear power, it should be possible to have the first SMR reactor in operation in the early 2030s. “
Work on the pilot study will start immediately and is expected to be completed by the end of 2023 or the beginning of 2024, says Vattenfall.
Write to Dominic Chopping at [email protected]