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Sweden Today

Swedish news in English

Wednesday, October 9, 2024

Sweden's Nuclear Hurdles

Published: 2024-06-18

Sweden's nuclear power ambitions hinge on tackling high costs and building industrial capacity, according to nuclear coordinator Carl Berglöf.

With a background in nuclear technology, Berglöf stresses the need for a national program where the state shares financial risks.

Sweden faces challenges with lack of builders and cheaper alternative energies like solar and wind.

The government aims for new reactors by 2035, but meeting this target is ambitious and difficult.

Political unity and faster permitting processes are critical for success.