A flurry of nuclear developments in Sweden—state aid, SMR selections, legislation

Nuclear Newswire 18th June 2026

Within the span of two weeks, three Swedish companies—Blykalla, Studsvik, and Nordic Baseload Power—submitted applications to their country’s government for state aid for their respective new nuclear builds. Applications are handled by Sweden’s Ministry of Finance.

n early June, SMR developer Blykalla submitted its application to the Swedish government, followed by engineering services firm Studsvik on June 12. And on June 16, energy company Nordic Baseload Power became the latest to apply for financial support. Overall, the Swedish government has received four applications for state aid since last year.

In its efforts to spur nuclear power growth, the Swedish government last summer allowed companies to apply for financial aid in the form of government loans or two-way contracts. Under two-way contracts, the power plant operator and government agree on a deal that ensures a “minimum level of compensation protection by central government and setting an overcompensation cap for the company.” State aid is limited, however, for new nuclear power installed capacity of up to 5,000 MW.

Swedish officials welcomed the interest the state aid offer is receiving from companies…………………………………………………………………

Other Swedish news: The Riksdag, Sweden’s national parliament, has also weighed in on nuclear legislation this month. On June 11, lawmakers approved permitting legislation that streamlines the framework for extracting and processing uranium and other nuclear materials.

“A key aspect of the legislation is that the extraction and processing of uranium will now be treated in a manner consistent with other metals and minerals within Sweden’s overall permitting framework,” according to an announcement from District Metals, a Canada-based company with Swedish operations that welcomed the legislation.

“The amendments remove the requirement for a separate admissibility assessment under the Environmental Code and eliminate the requirement for municipal council consent for uranium extraction and processing projects, commonly referred to as the municipal veto,” the company stated.

In addition to the uranium regulatory legislation, the Riksdag also approved amendments that lifted bans on nuclear facilities in certain coastal areas and archipelagos. According to the Riksdag, these bans will be lifted on July 15. https://www.ans.org/news/2026-06-18/article-8133/new-sweden-developments/

June 22, 2026 - Posted by Christina Macpherson | politics, Sweden