Thu, March 27, 2025
Wed, March 26, 2025

Sweden proposes state loans for new nuclear reactors

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The Swedish government on Thursday proposed state loans and power price guarantees to help companies fund the construction of four new nuclear power plants, part of its strategy to boost electricity output and reduce carbon emissions.
Sweden's government has proposed providing state-backed loans to finance the construction of new nuclear reactors, aiming to enhance energy security and meet increasing electricity demands. This initiative, announced on March 27, 2025, seeks to encourage investment in nuclear power by mitigating the financial risks associated with the high costs and long construction times of nuclear projects. The proposal comes as part of a broader strategy to ensure a stable and sustainable energy supply, especially in light of Europe's energy crisis and the push towards reducing carbon emissions. The loans would be managed by the Swedish National Debt Office, with the specifics on the loan terms and the extent of state support still under discussion. This move reflects a shift in policy, acknowledging nuclear power's role in achieving climate goals alongside renewable energy sources.

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[ https://www.reuters.com/business/energy/sweden-proposes-state-loans-new-nuclear-reactors-2025-03-27/ ]