Energy
Sweden’s Nuclear Revival Questioned as Green Projects Falter
- Government still expects electricity demand to double by 2045
- Sweden risks huge bill for reactors that may not be needed
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Sweden’s nuclear revival risks being undermined as more companies pull the brakes on large power-hungry green projects designed to clean up some of the world’s dirtiest industries.
A policy U-turn that would entail a massive buildout of reactors, the first to come online in more than 40 years, now appears more unlikely as uncertainty grows over how much electricity the Nordic region’s biggest economy will actually need in the coming decades.