Sweden to provide state aid for new reactors

Sweden’s parliament (the Riksdag) has approved a new law that provides state aid to companies investing in new nuclear reactors. The law, which takes effect on August 1, 2025, will offer state loans and a contract-for-difference (CfD) power price mechanism to lower financing costs and encourage nuclear development. The loans are limited to the equivalent of four large-scale reactors (about 5000 MWe), and support is only available for reactors with at least 300 MWe capacity at existing sites.