On May 21, 2025, SWE GVT stated that SWE PRL has approved SWE GVT proposal regarding state aid for investments in new nuclear power, with expansion of nuclear power expected to lead to more stable prices and lower system costs.
The law that SWE PRL has voted through establishes a framework for how the financing of the first reactors can be done and SWE GVT support is limited, planning to cover investments of up to a total of approximately 5,000 MW of electrical power.
Companies interested in receiving government support for investments in new nuclear power can submit an application to SWE GVT, noting the support is provided in the form of government loans and two-way contracts for difference.
Both of these elements contribute financial support at different stages of a project.
Loans are provided for the construction and test operation of new nuclear power reactors, and for design and other preparatory measures, noting it is not possible to borrow for the entire investment cost, but equity contributions are also required.
Loans must be repaid in stages after nuclear power reactor is put into operation.
Bidirectional contracts for difference are form of price hedging agreement and apply when reactor in operation and has permission to produce electricity at full capacity.
The agreement may entail cost or revenue for the state depending on electricity price.
Support conditions include a mechanism that regulates risk and profit sharing.
The new law on state support for investment in new nuclear power will enter into force on Aug. 1, 2025, from which time companies can apply for the support.
SWE GVT issued bill for new act on state aid for investments in new nuclear power.
Re supplementary provisions on state aid to companies for nuclear power investment.
Proposed Regulation
Regulates information to be included in application for aid for investments.
Proposals mean that an application must contain information about the company, its management and its ownership structure, as well as a project plan.
Plan must include information about planned location, general plan for implementation and assessment of proportion of equity owners are expected to invest in the project.
Effectiveness
Consultation closes May 23, 2025; proposed entry into force on Aug. 1, 2025.
May 2025 Parliamentary Approval
On May 21, 2025, SWE GVT stated that SWE PRL has approved SWE GVT proposal regarding state aid for investments in new nuclear power, with expansion of nuclear power expected to lead to more stable prices and lower system costs.
The law that SWE PRL has voted through establishes a framework for how the financing of the first reactors can be done and SWE GVT support is limited, planning to cover investments of up to a total of approximately 5,000 MW of electrical power.
Companies interested in receiving government support for investments in new nuclear power can submit an application to SWE GVT, noting the support is provided in the form of government loans and two-way contracts for difference.
Both of these elements contribute financial support at different stages of a project.
Loans are provided for the construction and test operation of new nuclear power reactors, and for design and other preparatory measures, noting it is not possible to borrow for the entire investment cost, but equity contributions are also required.
Loans must be repaid in stages after nuclear power reactor is put into operation.
Bidirectional contracts for difference are form of price hedging agreement and apply when reactor in operation and has permission to produce electricity at full capacity.
The agreement may entail cost or revenue for the state depending on electricity price.
Support conditions include a mechanism that regulates risk and profit sharing.
The new law on state support for investment in new nuclear power will enter into force on Aug. 1, 2025, from which time companies can apply for the support.
Regulators
SWE GVT; SWE PRL
Entity Types
Corp
Reference
PR 5/21/2025; PR, Bill 2024/25:150,CP FI2025/00825, 4/4/2025; ESG
