small modular reactors

Sweden looks to lend $23 billion to new nuclear power projects

September 19, 2025

(Oil Price)– Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to build nuclear reactors in the Scandinavian country. Sweden plans to build two new nuclear reactors by 2035 in a hedge on low-carbon energy security, with 10 new reactors hoped for by 2045. The Swedish government moved to phase out

US opens applications for $900 million for small nuclear reactors

October 16, 2024

(Reuters) – The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. President Joe Biden’s administration believes nuclear power is critical in the fight against climate change because it generates electricity virtually free from emissions, and that U.S. nuclear power capacity must triple to meet

Sweden looks to lend $23 billion to new nuclear power projects

US opens applications for $900 million for small nuclear reactors

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