Vattenfall Prepares Autumn Application as Sweden Backs Nuclear Expansion

The Government is now presenting its plan for financing new nuclear power – something that is welcomed by the industry. We are preparing ourselves to submit an application in the autumn, says Desirée Comstedt, responsible for the development of new nuclear power at Vattenfall.

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Vattenfall Prepares Autumn Application as Sweden Backs Nuclear Expansion
Photo: Christine Olsson/TT

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Both Fortum and Vattenfall are positive about the government's proposal.

We see this as an important step in the development of a robust and cost-effective electricity system, says Jesper Marklund, responsible for the development of new nuclear power at Fortum in Sweden.

He gets support from Desirée Comstedt, who has the same role at Vattenfall.

We have long talked about the need for government support in this matter, so it is welcome that the state is taking such great responsibility now, she says and continues:

We are already acting as if we had made a decision to build nuclear power, and are preparing to submit an application in the autumn.

The two believe that the government's message is in line with what they thought.

It is in line with our expectations, no surprises, says Desirée Comstedt.

Jan-Olof Jacke, CEO of Svenskt Näringsliv, also welcomes the message.

"We now expect broad political support behind the proposal and continued high speed in implementation", he writes in a comment to TT.

However, the proposals have also received criticism. Both the Swedish Society for Nature Conservation and Greenpeace claim that new nuclear power will lead to increased emissions.

"An investment in new nuclear power in Sweden could, according to our calculations, result in over two hundred million tons higher carbon dioxide emissions, compared to building out renewable electricity at the current rate", writes Anna Havula, press officer at the Swedish Society for Nature Conservation, in a press release.

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

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