Home » Sweden’s Vattenfall selects Rolls-Royce SMR for nuclear shortlist

Sweden’s Vattenfall selects Rolls-Royce SMR for nuclear shortlist

by Mark Cantrell
US contech startup MSUITE snapped up by Stanley Black & Decker

Rolls-Royce SMR has won a place on Vattenfall’s shortlist of just two companies competing to potentially deploy a fleet of small modular reactors in Sweden.

Vattenfall, the Swedish multinational power company, has announced the shortlist of two SMR vendors as part of its plans to meet the rising demand for electricity, adding nuclear capacity and helping Sweden achieve its goal of creating a fossil-free economy by 2045.

This selection follows a thorough assessment process in which Rolls-Royce SMR was given the opportunity to present what is said to be a “fundamentally different approach” to building nuclear projects, and a modularisation strategy focused on risk reduction to Vattenfall.

Chris Cholerton, chief executive of Rolls-Royce SMR, said: “We are delighted to be one of the two SMR technologies selected by Vattenfall for further evaluation in Sweden. Success in reaching the final two, in such a fiercely competitive process, reflects the benefits of our integrated power station design, our approach to modularisation and our use of proven nuclear technology.

“Rolls-Royce SMR is the fastest and most affordable way of bringing new nuclear power online and we are excited to work with utilities and industrial customers around the globe, to unlock sustainable sources of low-cost, low-carbon electricity for decades to come.”

Vattenfall’s focus will be deployment at the Ringhals nuclear site with a project that, at the earliest, is operational in the first half of the 2030s, with assessments for SMR and large-scale reactors ongoing.

Sweden has said it needs an additional 100-250 TWh of electricity production over the next 25 years, and Vattenfall is poised to play a critical role in the country’s energy transition, including integrating new nuclear capacity into the energy mix.

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