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Sweden signs nuclear power agreement with USA

Through an agreement, Sweden and the USA will strengthen their cooperation to contribute to the expansion of new nuclear power. Sweden and the USA will now have a concrete cooperation on nuclear power. It's a good day for Sweden, says Minister for Business and Energy Ebba Busch (KD) to TT.

» Updated: 05 October 2024, 01:53

» Published: 01 August 2024

Sweden signs nuclear power agreement with USA
Photo: U.S. Department of Energy

During a meeting in Washington DC on Wednesday, Busch and her American counterpart Jennifer Granholm signed a memorandum of understanding on bilateral nuclear power cooperation.

Sweden and the US will now have concrete cooperation on nuclear power. It's a good day for Sweden. This is good for the US, for jobs, competitiveness, and of course, green transition, says Ebba Busch.

The details remain, but the agreement involves, according to the KD leader, cooperation on research and innovation, financing, and development of advanced nuclear fuel.

The background to the agreement is a meeting between Busch and the American minister Granholm last autumn.

It now ends in a very concrete agreement that has been given high priority in the US and will be given high priority in Sweden, says Busch.

Today, there are a total of six nuclear reactors in operation in Sweden. The governing parties have previously set a goal of two new reactors by 2035 and "massive" expansion by 2045.

This kind of cooperation with the US and countries in Europe is what will make it possible to get these reactors in place as quickly as possible, says Busch.

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By TTThis article has been altered and translated by Sweden Herald

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