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Sweden’s Nuclear Power Ambitions Quashed

By Julianne Geiger – Aug 01, 2023,

Sweden’s hope to build out its nuclear power capacity was quashed this week, with German utility Uniper SE saying it had no intention of throwing more money on nuclear power.

Uniper currently operates Sweden’s largest nuclear power reactor Oskarshamn-3, and has partial stakes in Ringhals and Forsmark. But Uniper isn’t interested in spending on additional nuclear power beyond its existing plants. It instead intends to focus on natural gas and renewables, according to Bloomberg, in line with its home country’s recent mothballing of its last remaining nuclear reactor.

The subject of nuclear power in Europe has been at the center of controversy. Germany—Europe’s largest economy—has made a point to back away from nuclear power, and has argued that it has no place in Europe’s green future……….

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https://oilprice.com/Latest-Energy-News/World-News/Swedens-Nuclear-Power-Ambitions-Quashed.html

August 3, 2023 - Posted by | politics, Sweden

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