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.

Studsvik applies to build more reactors; Sweden seeks majority control of SMR company

June 2, 2026, 3:01PMNuclear News
Johan Britz, Minister for Employment and acting Minister for Climate and the Environment (left) and Karl Thedéen, Studsvik President and CEO. (Photo: Studsvik)

New developments in Sweden’s nuclear energy industry continue to make headlines. Last week, Swedish engineering services firm Studsvik submitted an application to build between 600 MWe and 1,400 MWe of new nuclear power capacity “at and around” its Nyköping Municipality headquarters. Separately, the Swedish government is looking to acquire a majority ownership stake in Videberg Kraft AB.