Monday, November 3, 2025
Sweden looks to lend $23 billion to new nuclear power projects- oil and gas 360

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

(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

Offshore wind in Sweden needs support, government body says- oil and gas 360

Offshore wind in Sweden needs support, government body says

Yahoo Finance – Sweden has cancelled 13 planned offshore wind farms in the Baltic Sea on security grounds. The government in Stockholm, a new NATO member, announced on Monday that it would no longer issue any licences for the construction and operation of the farms, which were to extend off the Swedish east coast down to the Öresund strait near Denmark.