Sweden, France strengthen cooperation on nuclear. France could soon build several nuclear reactors in Sweden, according to a letter of intent signed by the two states’ energy ministers

by EUstrongerthanUS

17 comments
  1. Yeah, that went well in Finland. Olkiluoto 4 is in the top 5 of the most expensive buildings on the planet and just barely missed its deadline of finishing 12 years late and way, way above budget..

    Do not make the same mistake and buy nuclear power plants from France.

    edit: kind of surprised for being downvoted, the deal got sour the longer things were delayed, tons of problems with worker safety among the foreign crews, not enough local.. It was sunken cost fallacy for very long, just delay after delay and “we need more money”.. for a decade. I hope Swedes gets a better deal and over time build their own capability to design and build them.. I would much rather buy from good old Sverige.

  2. Funny how countries are now trying to increase nuclear power or get a hold of it

  3. >could soon build several nuclear reactors

    Lol. Lmao even.

  4. I for one welcome the resurgence of nuclear energy on our continent

  5. I hope we will get a good deal where french taxpayers get to pay for it.

  6. If Sweden wants to build the first two reactors early, and rely on European partners, France is a good bet.

    France needs scale to lower costs, Sweden wants reactors earlier than their own industry can deliver. Sure, companies such as [Blykalla](https://www.blykalla.com/) and [Novatron](https://www.novatronfusion.com/) are promising, but they’re not yet ready to deliver to the grid.

  7. Once upon time, we were able to build our own reactors 🙁

  8. Meanwhile , sad Bulgarian noises, having failed to build our second NPP since the 80s and having spent more than a billion for jack shit.

  9. It’s 2040, new reactors made in partnership with France are powering homes all over Scandinavia while the 5th Franco-Pole central in Poland is about to complete.

    Meanwhile the Flamanville EPR is predicted to enter it’s final phase of construction in 2 years.

    (/s for the uninitiated.)

  10. Areva and Olkiluoto 3. Just sayin’

    * 2005: building starts
    * 2010: planned production start
    * 2023: actual production start
    * Original budget: 3.2B€
    * Actual costs: 8.5B€

  11. That is just pure politics, not smart money.

    Nuclear is what it has always been, little slower, little more expensive due to lack of scale, but basically the same thing. Problem is renewables that are overturning the entire energy industry.

    Lets say the first reactor is complete on schedule in 2035(yeah right), what is the energy market that it’s going to work at for decades to come? There is unacceptably high risk that this is a stillborn investment that will never earn a penny back and will not actually complete even the first reactor before the plug is pulled on the project. But not before billions have been spent.

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