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Fortum Seeks State Aid for Major New Nuclear Project in Sweden

Summary by Oil Price
Nordic energy company Fortum on Thursday said it had submitted a state aid application to start talks with the Swedish state on the terms and conditions to advance a new nuclear power project in Sweden as the Nordic country bets on nuclear power revival. NuCore Energi, Fortum’s project company established to develop new nuclear power in Sweden, has applied for state aid to help it build a new nuclear power plant in the municipality of Oskarshamn…

8 Articles

Center

"This does not mean that we are any less interested in Finland," Fortum's director of nuclear power told HS.

·Helsinki, Finland
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Lean Left

A project company owned by the Finnish energy group Fortum has applied for government support to build new nuclear reactors right next to the existing nuclear power plant in Oskarshamn.

·Stockholm, Sweden
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Lean Left

The Swedish government wants to build thousands of megawatts of nuclear power with state support. In addition to Fortum, four other projects have applied for support, one of which is practically state-owned.

·Helsinki, Finland
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Fortum has applied for state support through a newly formed project company to build new nuclear power reactors on Ävrö in Oskarshamn municipality. The project could have an electrical output of between 1,200 and 3,400 megawatts. The plans include options with both small modular reactors, SMRs, and large-scale reactors. The intended location is right next to the existing nuclear power plant, the Government Offices write. This is the fifth applic…

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Dagens industri broke the news on Thursday, August 27, 2026.
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