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Sweden's Blykalla Partners with Microsoft to Use AI to Advance Licensing Review of Lead-Cooled Advanced Nuclear Reactor

Swedish advanced nuclear technology developer Blykalla recently announced a partnership with Microsoft to apply artificial intelligence (AI) technology to one of the most challenging bottlenecks in the nuclear power industry——project licensing and regulatory review. Blykalla has begun deploying Microsoft's GenAI for Energy Permitting Solution Accelerator and Agentic AI tools in its regulatory business processes, aiming to significantly shorten the licensing approval cycle for its Swedish Advanced Lead-cooled Reactor (SEALER) in Sweden and the United States. Microsoft's solution demonstrates how generative AI and AI agent...

2026-09-16

Planned outage at Sweden's Ringhals Unit 4 extended to November 30

The planned maintenance outage at Unit 4 of Sweden's Ringhals nuclear power plant will be extended to November 30 due to the need for additional cleaning work on site. During the planned maintenance outage at Ringhals Unit 3, inspectors discovered rubber residue in parts of the component cooling system. The rubber residue originated from leaking valves within the system. The cleaning work is a preventive measure aimed at avoiding reduced cooling performance or component damage. Sven-Anders Andersson stated that the valve replacement work had originally been scheduled for the coming years, but the rubber degradation exceeded expectations. He said: "We deeply regret the extended outage, but safety and equipment condition remain our top priorities."

2026-09-09

Sweden receives sixth state aid application for new nuclear power

The Swedish government has recently received its sixth state aid application for the construction of new nuclear reactors. Swedish Minister for Financial Markets Niklas Wykman stated that Nordic energy company Fortum's establishment of a project company in Sweden to advance new nuclear reactor plans demonstrates that Sweden's current state aid model has been carefully designed to accommodate project development needs. The application was submitted by NuCore Energi, a newly established project company under Fortum, with the project site located at Ävrö near the Oskarshamn nuclear power plant. Wykman has previously expressed repeated support for expanding nuclear energy in Sweden, believing that new nuclear power is of significant importance for long-term economic stability, industrial competitiveness, and climate goals.

2026-09-07

Sweden's First New Nuclear Reactor Could Be Operational by Mid-2030s

Sweden's Minister for Energy and Industry, Ebba Busch, who also leads the Christian Democrats (KD), stated at a public hearing on September 3 that the country's first newly built nuclear reactor could be operational by the mid-2030s. When asked when the new nuclear unit could be connected to the grid, Busch indicated the mid-2030s. She also noted that the new nuclear project would not rely on direct state funding. However, the Swedish government has previously prepared a support framework for new nuclear construction. The arrangements could involve financial support amounting to hundreds of billions of Swedish kronor, including loans and electricity price guarantees totaling approximately 400 billion Swedish kronor. Busch stated that this is indeed a substantial sum, but its nature is that of loans and price hedging arrangements targeting critical infrastructure.

2026-09-04

Sweden's 1.2 GW BWRX-300 Nuclear Power Project Identifies Strategic Partners

Studsvik AB announced on September 3 that it has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners for its first nuclear power project in Sweden following a competitive evaluation. The project is planned to proceed at Studsvik's existing licensed site in Nyköping or at the Målma site in Valdemarsvik. Under the arrangement, the parties will work with GE Vernova's financial services business and DS Investment Partners to advance Sweden's first nuclear power project comprising four BWRX-300 units, ...

2026-09-03

Sweden's Blykalla applies for government funding for advanced reactor park at Tierp

Untra Nuclear Power AB, a wholly owned project company of Swedish advanced nuclear energy firm Blykalla Group, submitted an application on August 31 seeking state support for investment in a new nuclear power plant. The project plans to build an advanced reactor park in the Untra area of Tierp municipality, Uppsala County, Sweden, with 6 to 8 SEALER-55 units planned. According to the project plan, if 8 units are built, the plant's total installed capacity would reach 440 MW, with an estimated annual generation of 3.68 TWh. Blykalla Group had previously submitted a government approval application for the project on August 25. Sweden's new nuclear financing model has...

2026-09-01

Sweden's Oskarshamn New Nuclear Project Applies for State Aid

NuCore Energi AB, a project company under Fortum, has submitted a state aid application to the Swedish government to initiate consultations on the framework and conditions for a new nuclear power project in Oskarshamn municipality. The project is planned to proceed near the existing Oskarshamn Nuclear Power Plant, with options covering small modular reactors (SMRs) and large reactors, with a total installed capacity expected to range between 1,200 MW and 3,400 MW. NuCore Energi submitted the state aid application on August 27, 2026. In the photo, from left to right: NuCore Energi CEO Laurent Leveugle and Minister Niklas Wykman. Fortum...

2026-08-28

Sweden's Blykalla applies to build eight lead-cooled SMRs in Tierp

Swedish nuclear engineering company Blykalla submitted an application to the Swedish government on August 25 for approval to build a new nuclear power plant, planning to construct up to eight SEALER-type lead-cooled small modular reactors in the Önterå area of Tierp, Sweden. The project is proposed to be located between Uppsala and Gävle, near the Önterå and Söderfors hydropower stations. Blykalla CEO Jacob Stedman stated that the company surveyed approximately 50 to 70 potential sites across Sweden before finalizing the location, with a focus on finding areas where power could be generated locally and connected directly to the grid. According to the plan, the total installed capacity of the Tierp project is expected to reach up to...

2026-08-25

Akiram Therapeutics and ITM Sign Lutetium-177 Supply Agreement to Support Radiopharmaceutical Development for Solid Tumors

Akiram Therapeutics, a Swedish clinical-stage biotechnology company, and ITM Isotope Technologies Munich SE, a German radiopharmaceutical biotechnology company, recently announced the signing of a supply agreement. Under the agreement, ITM will supply no-carrier-added lutetium-177 (nca Lu-177) to Akiram to support the clinical development of its targeted antibody-radionuclide conjugate, 177Lu-AKIR001 (AKIR001). AKIR001 is Akiram's lead radiopharmaceutical candidate, currently being investigated in clinical studies for the treatment of CD44v6-expressing solid tumors. The candidate combines the therapeutic radioisotope nca Lu-177 with a proprietary antibody targeting CD44v6. CD...

2026-08-20

South Korea and Sweden Discuss Cooperation on High-Level Waste Disposal and SMR Regulation

The Nuclear Safety and Security Commission (NSSC) of South Korea announced on August 10 that it held a bilateral meeting with the Swedish Radiation Safety Authority (SSM) in Seoul, during which the two sides exchanged views on topics including high-level radioactive waste management, nuclear safety regulation, and the development of small modular reactors (SMRs). Sweden has accumulated strong technical expertise in the field of radioactive waste management and has developed a relatively mature technical system for high-level radioactive waste disposal. Currently, Sweden has 6 operating nuclear power units and 7 permanently shut down units, 6 of which are in the decommissioning phase. Following Finland, Sweden is constructing the world's second deep geological disposal facility for high-level radioactive waste. The NSSC of South Korea...

2026-08-10

Economic assessment for Swedish uranium project submitted; new law officially takes effect.

Canadian mining company District Metals Corp has filed a technical report on the Preliminary Economic Assessment (PEA) for the Viken energy-metal deposit in Sweden via the SEDAR+ system. This filing follows, by just a few days, the entry into force of leg

2026-07-27