Sweden's bold nuclear revival targets two new reactors by 2035

Sweden’s centre-right coalition government is pushing ahead with plans to expand nuclear power. The goal is to build new generating capacity equal to at least two large-scale reactors by 2035. Several companies have already submitted applications for state support to develop new projects. The Barsebäck site, once home to two ABB-designed boiling water reactors, is now a focus for new development. These older reactors were decommissioned in 1999 and 2005. Nordic Baseload Power has applied for state funding to construct two large-scale reactors there, with an estimated output of 2,500 MW.

The Municipality of Kävlinge and Nordic Nuclear Energy (NNE) have also signed a letter of intent. They aim to explore building a boiling water reactor at the same location. NNE is primarily working on the BWR-N, an advanced Nordic boiling water reactor, with plans for four units—two in Sweden and two in Finland.

The government has received applications for state support from Videberg Kraft AB, Blykalla, and Studsvik as well. Minister of Financial Markets Niklas Wykman backs the initiative, citing the need for stable electricity production. Official discussions and negotiations with these companies will begin soon. The project could significantly boost Sweden’s energy capacity. With state support under discussion, the first new reactors may be operational by 2035. The government’s decision-making process is now underway.