en.Wedoany.com Reported - The Swedish government has received a third application for a new nuclear power plant using small modular reactors. Studsvik, a Swedish nuclear power technology service company, announced that it has submitted an application to the government for the construction of a nuclear power plant consisting of small modular reactors at the Nyköping site, involving two to four reactors with a total installed capacity of up to 1,400 megawatts.
The application was submitted directly to the Minister for Climate and Environment by company representatives. Studsvik plans to utilize its site in Nyköping for construction, which is located in the same SE3 bidding zone as the capital Stockholm, an area the company says has a widening supply-demand gap.
Studsvik President and CEO Carl Teden stated: Sweden has decided to build new nuclear power capacity, and the country needs new stable fossil-free generation capacity. Few domestic sites are as well-prepared as Nyköping. Studsvik combines an active nuclear plant site, decades of technical expertise, and Sweden's most experienced new-build project development team. Our goal is to translate these conditions into actual power generation capacity for the Swedish grid. The company expects to install between 600 and 1,400 megawatts of capacity at the site, with the first reactor potentially entering commercial operation in the early 2030s, depending on a smooth approval process. In addition to the central government, the approval process will involve local authorities, construction regulators, and nuclear regulatory bodies.
In February this year, the Swedish government introduced several measures to streamline the approval process for new nuclear power plants. New legislation introduced an early government approval procedure aimed at improving predictability and accelerating nuclear project progress. Last year, the government approved state support for new nuclear units with an installed capacity of no less than 300 megawatts per site. Acting Minister for Climate and Environment Johan Brix stated that Sweden's new nuclear projects and efficient climate transition are accelerating, and another application for a new nuclear power plant received by the government clearly shows that legislative reforms have created favorable conditions for businesses. Previously, the Swedish government received nuclear new-build applications from Karnfull Next and Blykalla in March and May respectively, with all three applications involving the construction of small modular reactors.
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