In May, a new nuclear power law was passed, setting the framework for how the state will participate in and share the risks when new nuclear power is to be financed.
Among other things, this will be done through government loans, which are cheaper than regular loans on the financial market.
Now, the Tidö parties announce that they want to have the opportunity to lend out 220 billion kronor, in a so-called loan framework, to build new reactors over twelve years. The money is expected to be enough for up to 2,500 megawatt hours.
– We are specifying the loan framework that we are asking the Riksdag for, a loan promise, says Minister for Energy and Business Ebba Busch (KD) and continues to describe what the next step will be:
– We will receive tenders from those who want to build, negotiate with them and push the price down to as efficient a level as possible.
Promises price guarantee
The goal is for new nuclear power, based on the loan framework, to be available from around 2035.
The exact price for building nuclear power will be clear only when the negotiations with the companies that want to build are complete.
But according to Wykman, the Tidö parties' proposal is not a "glad calculation" but is based on the fact that several nuclear power projects in Europe have become more expensive than expected. Busch says it is a realistic calculation.
In addition, the government wants to add a risk reserve of 220 billion kronor to ensure that the projects are actually completed.
The worst would be half-finished nuclear power projects, says Wykman.
To encourage companies to build, the government has also promised a price guarantee, which, according to the Tidö parties, would cost the state 1-3 billion kronor annually for 40 years after the reactors have been put into operation.
S: "Strange"
The Social Democrats' energy policy spokesperson Fredrik Olovsson is, not unexpectedly, critical of the government's calculations and way of setting up the loan framework.
It is strange to put so much money on the table and then go into negotiations. There are no guarantees that it will be as much nuclear power as the government thinks, says Olovsson.
And he does not think that the government has made it clear who will pay the bill for the price guarantee.
They have given examples, but not said who will pay.
Correction: Previously, an incorrect figure regarding the risk reserve was mentioned.
