SwedenLivingWorldBusiness

Vattenfall takes the next step in nuclear power plans

Vattenfall is moving forward with the next step in the plans for new nuclear power at Ringhals, announces the state-owned energy giant in a press release.

Published: 12 June 2024 11:41 -> Updated: 12 June 2024 14:27
Vattenfall takes the next step in nuclear power plans
Photo: Jessica Gow/TT

Vattenfall is moving forward with the next step in the plans for new nuclear power at Ringhals, the state-owned energy giant announced in a press release.

Following an evaluation of six suppliers of so-called SMRs (small-scale reactors), the company has moved forward with British Rolls-Royce SMR and GE Hitachi Nuclear Energy from the USA.

"Selecting a few possible SMR suppliers is one of several steps in the continued work on new nuclear power on the Väröhalvön peninsula at Ringhals," says Desirée Comstedt, head of new nuclear power at Vattenfall, in the press release.

Vattenfall states that it will now analyse the two remaining suppliers.

However, Vattenfall has still not decided whether the company will build SMRs or large-scale nuclear power. The suppliers involved in the process of potentially building larger conventional reactors are American Westinghouse, French EDF, and South Korean KHNP.

"We have not made a technology choice yet," says Desirée Comstedt.

"The goal remains to have a first new reactor in operation on the Väröhalvön peninsula at Ringhals during the first half of the 2030s," the company writes further.

People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Statistics Sweden receives new assignment as investigation is rejected
1 MIN READ

Statistics Sweden receives new assignment as investigation is rejected

Increased probability of interest rate cut in August
2 MIN READ

Increased probability of interest rate cut in August

Foxconn makes a major investment in Vietnam
1 MIN READ

Foxconn makes a major investment in Vietnam

Real Estate CEO Believes in Much Lower Interest Rates
1 MIN READ

Real Estate CEO Believes in Much Lower Interest Rates

So high are the tariffs against Chinese electric cars
2 MIN READ

So high are the tariffs against Chinese electric cars

Sweden tops the list for Brits wanting to leave the country
1 MIN READ

Sweden tops the list for Brits wanting to leave the country

Housing deals are taking longer and longer
2 MIN READ

Housing deals are taking longer and longer

Lowered price on diesel and biodiesel
1 MIN READ

Lowered price on diesel and biodiesel

Gardell's billion investment boosts the share
2 MIN READ

Gardell's billion investment boosts the share

SBAB lowers fixed mortgage interest rates
1 MIN READ

SBAB lowers fixed mortgage interest rates

Norwegian lowers profit forecast - stock market plummets
1 MIN READ

Norwegian lowers profit forecast - stock market plummets

German factory orders fall unexpectedly
1 MIN READ

German factory orders fall unexpectedly

Workshop company drops on positive stock market
2 MIN READ

Workshop company drops on positive stock market

Record number of students have their study allowance withdrawn
3 MIN READ

Record number of students have their study allowance withdrawn

After the Nightmare Summer - New Hope for Farmers
2 MIN READ

After the Nightmare Summer - New Hope for Farmers

Most cheerful on Asia's stock exchanges
1 MIN READ

Most cheerful on Asia's stock exchanges

Ericsson writes down value of Vonage
1 MIN READ

Ericsson writes down value of Vonage

New record on Wall Street
1 MIN READ

New record on Wall Street

Rejection of Oscar Properties' Reconstruction Application
1 MIN READ

Rejection of Oscar Properties' Reconstruction Application

Polish interest rate remains at 5.75 percent
1 MIN READ

Polish interest rate remains at 5.75 percent