Company says planning for project south of Stockholm is ‘intensifying’
Sweden-based small modular reactor (SMR) project development company Kärnfull Next is moving ahead with plans to develop an SMR park with four to six nuclear plants in the southeast of the country.
The company said it has secured land rights for the project in the municipality of Valdemarsvik in Ostergotland county, south of the capital Stockholm.
The decision is based on a new cooperation agreement with landowner Latona Group, securing permanent land rights for the project.
Kärnfull Next said in a statement that project planning for the SMR park was now “intensifying”.
“This is a crucial step in our strategy to establish new nuclear power in southern Sweden,” said John Ahlberg, chief strategy officer at Kärnfull Next.
“Our collaboration with Latona provides the stability needed to proceed with topics such as permitting and detailed project planning.”
Kärnfull Next has been carrying out site selection and feasibility studies in several municipalities in Sweden since 2022.
The company is working with reactor companies and utilities including GE Hitachi (GEH), developer of the BWRX-300 SMR, and Finnish state energy company Fortum to develop and package ready-to-build projects.
In 2022 Kärnfull Next said it had signed an agreement to work with GEH on the deployment of its BWRX-300 SMR technology in Scandinavia. It also signed a memorandum of understanding with Fortum to jointly explore opportunities for developing SMRs in Sweden.
Kärnfull Next said it offers “versatile energy hubs” that can be sited either on or offshore. For offshore delivery the hub will be delivered as a barge assembled in shipyards.
The company is aiming to bundle SMRs with solid oxide electrolysers to provide electricity and clean hydrogen.
