Sweden offers $23 bn to finance nuclear power construction
Stockholm: Sweden’s government said Friday it was ready to offer up to 220 billion kronor ($23.3 billion) in loans to utilities for the construction of new nuclear reactors as the Nordic country commits to developing more nuclear power.
The government in 2023 presented a roadmap to massively ramp up nuclear energy production in the country.
“We are facing a decisive moment for Sweden’s energy. A secure supply of electricity is a fundamental function of society,” Energy Minister Ebba Busch told a press conference.
