A flurry of nuclear developments in Sweden—state aid, SMR selections, legislation

June 18, 2026, 12:20PMNuclear News
Minister for Financial Markets Niklas Wykman (left) and Blykalla CEO Jacob Stedman. (Photo: Olle Friman/Government Offices)

Within the span of two weeks, three Swedish companies—Blykalla, Studsvik, and Nordic Baseload Power—submitted applications to their country’s government for state aid for their respective new nuclear builds. Applications are handled by Sweden’s Ministry of Finance.

In early June, SMR developer Blykalla submitted its application to the Swedish government, followed by engineering services firm Studsvik on June 12. And on June 16, energy company Nordic Baseload Power became the latest to apply for financial support. Overall, the Swedish government has received four applications for state aid since last year.