Story perspectives

Vattenfall Seeks Funding for Small Reactors in Nuclear Revival

12/24/2025

Summary

Story summary

Vattenfall AB has applied for state financing to build reactors at Ringhals, the first under government nuclear-revival initiative.
Vattenfall plans to build small modular reactors at Ringhals.
Prime Minister Ulf Kristersson says fossil-free electricity is needed for electrification.
The government aims for the equivalent of 10 new full-size reactors by 2045.
A final investment decision is expected by 2029, though profitability concerns persist as renewable costs fall.

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Story summary

Vattenfall AB has applied for state financing to build reactors at Ringhals, the first under government nuclear-revival initiative.
Vattenfall plans to build small modular reactors at Ringhals.
Prime Minister Ulf Kristersson says fossil-free electricity is needed for electrification.
The government aims for the equivalent of 10 new full-size reactors by 2045.
A final investment decision is expected by 2029, though profitability concerns persist as renewable costs fall.