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New Energy

Nuclear Power Primed for Swedish Comeback But Hurdles Remain

  • Atomic-friendly opposition bloc looks to score narrow win
  • Power crisis shows that Sweden needs more stable output
Updated on

Sweden got closer to its first new reactors since the 1980s as the nation’s nuclear-friendly opposition bloc looked to have narrowly won Sunday’s general election. 

The Nordic country’s policy turn would come just as the worsening energy crisis highlights the need for stable domestic power production. New plants would also be a major reversal of the industry’s fortune after several reactors were decommissioned in the past few years. Still, the road to new atomic stations will be a full-on obstacle course for any brave investor.