Sweden has announced the selection of Rolls-Royce SMR to help deliver three small modular reactors (SMRs) on the Värö peninsula.

The Videberg Project will build Sweden’s first new nuclear power plant in more than 40 years. It will significantly strengthen the Swedish energy system by adding 1.5GWe of baseload capacity, or around six per cent of Sweden’s annual power consumption. The decision follows recent contract awards in both the UK and Czech Republic.

The Rolls-Royce SMR uses a unique modular approach to deploying proven nuclear technology, using a standardised, ‘factory-built’ model that drives greater cost and schedule certainty. The technology is in the final stages of the UK regulatory process and the first unit in Sweden is expected to enter operation in the mid-2030s.

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