Busch Rejects Experts' Nuclear Power Criticism

The Government's plans for new nuclear power are condemned by expert authorities. Minister for Energy and Industry Ebba Busch (Christian Democrats) dismisses the criticism in SVT's Agenda.

» Published:

Busch Rejects Experts' Nuclear Power Criticism
Photo: Fredrik Sandberg/TT

Share this article

In August, the government's investigator proposed that new nuclear power could be financed with government loans and that the state would provide price guarantees to nuclear power companies for 40 years.

The proposal is being criticized by expert authorities and researchers at technical universities, who are calling for an investigation that examines the socio-economic consequences of investing so heavily in nuclear power over other forms of power.

It's both, I would say, misleading and an opinion, says Busch to SVT about the criticism.

We know the price of discontinued base power. That price is being paid by the Swedish people and companies now. We have a rather unhealthy situation where companies cannot connect to the power grid. There is a surplus of electricity, but not guaranteed evenly throughout the year.

Experts Agenda has spoken to point out the risk that nuclear power will become more expensive than the government thinks and that it risks pushing aside other forms of power.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Swedish Farmers Criticize EU's Long-Term Budget Proposal

Swedish Farmers Criticize EU's Long-Term Budget Proposal

Trump Seeks Supreme Court Ruling on Federal Reserve Member's Fate

Trump Seeks Supreme Court Ruling on Federal Reserve Member's Fate

ROT Deduction Reduction at Year-End Faces Criticism

ROT Deduction Reduction at Year-End Faces Criticism

Energy Companies Urge Long-Term Energy Policy Agreement

Energy Companies Urge Long-Term Energy Policy Agreement

Nvidia and Intel Partner to Develop Computer and Data Center Chips

Nvidia and Intel Partner to Develop Computer and Data Center Chips

Bank of England Keeps Interest Rate Steady at 4.0 Percent

Bank of England Keeps Interest Rate Steady at 4.0 Percent

Novo Nordisk Shares Surge 5% After Positive Ozempic Study

Novo Nordisk Shares Surge 5% After Positive Ozempic Study

Sweden Opens State Support for Offshore Wind Power Despite SD Opposition

Sweden Opens State Support for Offshore Wind Power Despite SD Opposition

Norway Central Bank Reduces Interest Rate to 4.0 Percent

Norway Central Bank Reduces Interest Rate to 4.0 Percent

Stock Market Rises After US Interest Rate Cut

Stock Market Rises After US Interest Rate Cut

Billerud to Cut Up to 650 Jobs Amid Cost-Saving Measures

Billerud to Cut Up to 650 Jobs Amid Cost-Saving Measures

Reduced Benefits Linked to Poorer School Results and Increased Crime

Reduced Benefits Linked to Poorer School Results and Increased Crime

Swedish Companies Face Record 12-Quarter Economic Slump

Swedish Companies Face Record 12-Quarter Economic Slump

Asian Stocks Rise Following US Fed Interest Rate Cut

Asian Stocks Rise Following US Fed Interest Rate Cut

Blackstone to Invest £90 Billion in UK Projects Over Next Decade

Blackstone to Invest £90 Billion in UK Projects Over Next Decade

Wall Street Mixed as Fed Cuts Interest Rate but Signals Caution

Wall Street Mixed as Fed Cuts Interest Rate but Signals Caution

Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year

Fed Lowers Interest Rate by 0.25 Points, Signals More Cuts This Year

China Urges Tech Giants to Halt Nvidia AI Chip Purchases

China Urges Tech Giants to Halt Nvidia AI Chip Purchases

Jerry Greenfield Departs Ben & Jerry's, Citing Silencing by Unilever

Jerry Greenfield Departs Ben & Jerry's, Citing Silencing by Unilever

Avanza Introduces Digital Trading on London Stock Exchange

Avanza Introduces Digital Trading on London Stock Exchange