Rolls-Royce’s small modular reactor (SMR) business has secured a multi-billion-pound deal to supply Sweden with three new reactors. Multiple outlets report that the contract is linked to a partnership led by Videberg Kraft, a subsidiary of Swedish state-owned utility Vattenfall, and that Rolls-Royce SMR will build the units for deployment on Sweden’s west coast. Euronews and other coverage describe the agreement as a significant step in Rolls-Royce’s effort to become a European supplier of SMR technology, after a competitive selection process that began in 2022. Financial Times reports that Rolls-Royce beat competitors including GE Vernova and Hitachi for what it frames as the company’s third major contract. One outlet also specifies the project site as the Varo Peninsula and says the initiative is intended to deliver Sweden’s first new nuclear power plant in more than four decades. In parallel, some coverage frames the deal in the context of European energy security goals, though the core announcement in all sources is the awarding of the contract to Rolls-Royce SMR to deliver three SMRs for Sweden.
Rolls-Royce wins Sweden contract to build three small modular reactors
Rolls-Royce’s small modular reactor (SMR) business has secured a multi-billion-pound deal to supply Sweden with three new reactors. Multiple outlets report that the contract is linked to a partnership...
- Rolls-Royce SMR wins a multi-billion-pound contract to build three small modular reactors for Sweden.
- The project is tied to Videberg Kraft, a subsidiary of state-owned utility Vattenfall.
- The reactors are planned for Sweden’s west coast, with one report citing the Varo Peninsula.
- Coverage indicates Rolls-Royce prevailed in a selection process that started in 2022.
- Competitors mentioned include GE Vernova and Hitachi.
Rolls-Royce has already announced agreements to supply the Czech Republic and most recently Sweden, as well as the UK itself, with small modular reactors (SMRs).
2 months agoRolls-Royce has already announced agreements to supply the Czech Republic and most recently Sweden, as well as the UK itself, with small modular reactors (SMRs).
2 months agoRolls-Royce SMR has secured a multibillion-pound agreement to build three small modular reactors on Sweden's west coast, "marking a major step in the British engineering group's ambition to become a leading supplier of the technology in Europe," reports Euronews. From the report: Following a rigorous selection process that started in 2022, UK engineering giant Rolls-Royce's nuclear division, Rolls-Royce SMR, won the contract to build nuclear reactors for Sweden. As part of the deal, the group, selected by Videberg Kraft as its partner, will deliver three Small Modular Reactors (SMRs) to Sweden's west coast, at the Varo Peninsula. "The Videberg Project will build Sweden's first new nuclear power plant in more than forty years, supporting industries and households in southern Sweden," a press statement from Rolls-Royce said. The partnership with utility Vattenfall and developer Karnfull Next is seen as one of the most advanced opportunities for deployment outside of the UK. [...] The European Commission considers small modular reactors (SMRs) to be a promising low-carbon technology that could help support the bloc's clean energy and energy security goals. In order to remove regulatory barriers, the EU's SMR strategy was adopted in March 2026 to accelerate the development and deployment of the technology across Europe. SMRs are smaller than conventional nuclear power plants, typically generating between 20 and 300 megawatts of electricity. At the upper end of that range, a reactor could produce around 7.2 million kilowatt-hours of electricity per day -- enough to power hundreds of thousands of homes. The International Energy Agency (IEA) estimates that more than 1,000 small modular reactors could be deployed worldwide by 2050 under a supportive policy scenario, requiring cumulative investment of around $670 billion. Read more of this story at Slashdot.
2 months agoRolls-Royce SMR has won a "multi-billion pound" contract to build three small modular nuclear reactors for Sweden, marking a major step in the British engineering group's ambition to become a leading supplier of the technology in Europe.
2 months agoBritain's engineering giant Rolls-Royce will build three small modular reactors (SMRs) in Sweden after signing a multi-billion pounds partnership with Videberg Kraft, a subsidiary of Swedish state-owned energy company Vattenfall. The post Rolls-Royce Wins Contract to Build Nuclear Reactors for Sweden appeared first on Breitbart.
2 months agoUK firm’s SMR unit beats competition from GE Vernova Hitachi for its third major contract
2 months ago
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