Sweden has thrown its weight behind the stuttering revival of nuclear power in Europe, saying it could build up to 10 new reactors in the coming years. Sweden aims to produce all of its power from renewable sources by 2040 but in the meantime will build new nuclear plants to replace old ones being phased out, according to an agreement between government and opposition parties on Friday.
FT 10th June 2016 read more »
It has been announced that Sweden will phase out its nuclear capacity tax on its existing reactors and will allow new reactors to be built to replace them. Agneta Rising, Director General, World Nuclear Association said, “It is excellent news that this tax will be removed, but it should never have been implemented in such a way as to distort the market and put at risk the operation of Sweden’s nuclear power plants, which provide affordable and reliable electricity and form a vital part of its low carbon generation mix.” The nuclear tax had been repeatedly raised and had reached a level where it was equivalent to more than double the staff costs or more than a third of the operating costs of the plant.
World Nuclear 10th June 2016 read more »
World Nuclear News 10th June 2016 read more »