en.Wedoany.com Reported - Swedish company Videberg Kraft has selected Rolls-Royce SMR as the supplier for the Värö Peninsula nuclear power project, planning to build three small modular reactors with operations starting in the mid-2030s, supporting Sweden's restart of new nuclear construction.
Videberg Kraft, a nuclear project company jointly owned by Vattenfall and Industrikraft, with the Swedish government set to become its majority shareholder, selected Rolls-Royce SMR after a three-year evaluation process from 75 different options. The final choice was between Rolls-Royce SMR and GE Hitachi Nuclear Energy's BWRX-300.
The Videberg project will be Sweden's first new nuclear power plant in over four decades, ultimately adding approximately 1.5 GW of installed capacity to the grid. The project aims to achieve first unit operation by the mid-2030s.
Sweden has become the third European country, after the Czech Republic and the United Kingdom, to select Rolls-Royce SMR technology.
Desirée Comstedt, Acting CEO of Videberg Kraft, stated that Rolls-Royce SMR has a strong subcontractor network, most of which are located in our surrounding region. By choosing to advance the project with Rolls-Royce SMR, Videberg Kraft and its holding companies also become part of a European initiative, allowing us to share experiences and benefit from it.
Chris Cholerton, CEO of Rolls-Royce SMR, expressed delight at being selected by Videberg Kraft as a partner to bring new nuclear power to Sweden. This is a strong endorsement of our transformative approach to delivering standardized, factory-built small reactors, and further demonstrates growing market confidence in our technology.
Anna Borg, Board Member of Videberg Kraft and CEO of Vattenfall, stated that overall, the board assessed that Rolls-Royce SMR is the supplier capable of providing the most favorable conditions for Videberg Kraft to ensure project success. The reactor is a pressurized water reactor, the same type currently used at the Ringhals nuclear power plant, representing a well-proven technology. Additionally, Rolls-Royce SMR offers a commercially attractive contract structure.
Tom Erixon, Board Member of Videberg Kraft and Industrikraft, and CEO of Alfa Laval, stated that Rolls-Royce SMR provides an efficient and industrialized approach that reduces the risk of project delays. Videberg Kraft, together with Rolls-Royce SMR, is paving the way for a new nuclear project on the Värö Peninsula, a goal that would be unattainable without this historic and unique collaboration between Swedish industry and the energy sector.
Rolls-Royce SMR is a 470 MWe design based on a small pressurized water reactor. The SMR will provide stable baseload power for at least 60 years. Approximately 90% of the SMR (about 16 meters by 4 meters) will be constructed under factory conditions, with on-site work primarily limited to assembling pre-tested modules. This model significantly reduces project risk and is expected to substantially shorten construction timelines.
In October 2024, Rolls-Royce SMR was selected by ČEZ to deploy up to 3 GW of capacity in the Czech Republic, with ČEZ also acquiring a 20% stake in Rolls-Royce SMR. Under the plan, the first SMR plant will be located at the Temelín site, which already hosts two GW-class VVER-1000 units, with other projects to be developed at coal plant sites including Tušimice.
In June 2025, Rolls-Royce SMR was selected by the UK government as the preferred technology for the country's first SMR project. In November, the UK government announced that the Wylfa site on Anglesey in North Wales would be used to build three Rolls-Royce SMR units. The UK government stated that the Wylfa site, currently decommissioning the Magnox plant, could theoretically accommodate up to eight SMRs. A final investment decision is expected in 2029.
In October 2022, Sweden's incoming center-right coalition government adopted a positive stance on nuclear energy. In November 2023, the government published a roadmap aiming to build new nuclear generation capacity equivalent to at least two large reactors by 2035, and to have capacity equivalent to up to ten new large reactors in operation by 2045, potentially including small modular reactors. A new state aid law came into effect in August 2025, allowing interested companies to apply for support.
The Swedish government received the first such application in December 2025, submitted by Videberg Kraft for its project. In early June 2026, Blykalla submitted a government financing application to build a nuclear power plant in Norrsundet, Gävle, in east-central Sweden, comprising six SEALER reactors with a total generation capacity of up to 330 MWe. Meanwhile, Studsvik submitted a state support application to the Swedish government for a new nuclear project in southern Sweden with a total capacity of up to 1400 MW, using small modular reactor technology.
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