Background & Purpose
Building new nuclear power requires enormous financial investments and involves high economic risks, which makes it difficult for companies to finance such projects entirely on their own.
Proposals & Debate
The government proposed establishing a framework for state financial support to companies building new nuclear reactors. The support system includes state loans for construction and preparation, as well as a model for price security known as two-way contracts for difference.
The Decision
The Swedish parliament approved the government's bill, paving the way for state-backed financial models for new nuclear power starting in August 2025.
Does this affect you?
- Energy companies: Can apply for state loans and price security contracts to reduce financial risks when building new nuclear power.
- Electricity consumers: Will be affected by future electricity prices and market stability tied to the new nuclear investments.
In Practice
- The Swedish state can now issue loans for building, test-running, and planning new nuclear reactors.
- Companies and the state can enter into two-way contracts for electricity pricing to balance risks and profits.
- The support system becomes officially available starting August 1, 2025.