SUBSCRIBE
PROFILE

Sweden and the United States seal a major nuclear energy agreement

Sweden and the USA sign a memorandum of understanding to intensify collaboration in advanced nuclear technologies, including modular reactors and waste management.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90€/month

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99€/year

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Sign up for free to unlock this article

Sweden and the United States formalized a strategic partnership in nuclear energy on August 1 in Washington, D.C. The memorandum of understanding (MoU), signed by Ebba Busch, Swedish Minister for Energy, Business and Industry, and Jennifer Granholm, U.S. Secretary of Energy, marks a milestone in cooperation between the two countries in nuclear technologies for peaceful uses.
The main objectives of the agreement include the joint development of advanced nuclear reactors, such as small modular reactors (SMRs), and improved nuclear waste management.
The two nations also plan to exchange scientific and technical information, and to collaborate on policies, financing models and the development of new skills in the sector.

Implications and Details of the Agreement

This MoU creates a formal framework for cooperation between government agencies, companies and research institutions in the two countries.
It will facilitate contacts between public and private entities, promote dialogue and cooperation at all levels, and organize visits, workshops and meetings to strengthen bilateral relations.
Ebba Busch emphasizes that this agreement strengthens the competitiveness of both countries and enhances bilateral relations.
Jennifer Granholm points out that the agreement aims to diversify nuclear fuel supply chains and sources, while developing solutions for spent fuel management.

Background and future prospects

Sweden’s center-right government, installed in October 2022, has affirmed its strong support for nuclear power.
Its roadmap, presented last November, calls for the construction of new nuclear capacity, with at least two large reactors by 2035 and up to ten by 2045. This cooperation with the United States is part of this dynamic, underlining both countries’ commitment to promoting advanced and sustainable nuclear technologies. By collaborating on research projects and sharing best practices, Sweden and the USA aim to set high standards for the global nuclear industry.
The signing of this MoU is a key step towards enhanced cooperation in the nuclear field, promising significant technological advances and better management of the world’s energy challenges.

  • Popular on energynews.pro
Dongfang Electric installs 26 MW offshore wind turbine, a world record
Strathcona Resources seeks to raise its stake in MEG Energy to 14.2%
Gazprom and CNPC seal binding agreement for the Power of Siberia 2 project
Indonesia advances waste-to-energy incineration with support from SUS ENVIRONMENT
TotalEnergies secures two new offshore permits in the West Delta basin
TVA and ENTRA1 seal historic agreement for 6 GW of SMR reactors in the United States
The Tennessee Valley Authority partners with ENTRA1 Energy to develop up to 6 gigawatts of modular nuclear capacity, in an unprecedented project supporting energy growth across seven U.S. states.
IAEA: Iran held 440.9 kg at 60% before Israeli strikes
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.
Westinghouse strengthens UK supply chain for nuclear reactors
US-based Westinghouse has signed six industrial agreements in the UK to supply critical components for its AP1000 and AP300 nuclear projects in Britain and abroad.
NANO Nuclear secures $1.25mn contract for KRONOS MMR microreactor
NANO Nuclear Energy receives direct funding from the US Air Force innovation branch to assess the integration of its KRONOS MMRâ„¢ microreactor at the Washington D.C. military base.
EDF extends two nuclear reactors in the United Kingdom until March 2028
EDF extends the operation of Heysham 1 and Hartlepool by one year after favourable safety inspections, ensuring continuity of nuclear production and safeguarding more than 1,000 jobs.
Rosatom prepares new nuclear projects in India and Turkey
Russian nuclear group Rosatom has confirmed advanced discussions with India and Turkey to launch new power plants, including advanced and floating reactor technologies.
Uranium traces detected in Syria at site linked to former Israeli airstrike
The International Atomic Energy Agency has identified uranium particles of industrial origin in samples taken from a Syrian site suspected of hosting an undeclared nuclear reactor.
Norway launches assessment process for two nuclear projects
Norwegian authorities begin the first regulatory phase for two modular nuclear reactor projects, marking a strategic step in the national review of the potential role of nuclear energy in the country’s power mix.
India accelerates its nuclear program to join the global top 5
With eleven reactors under construction and major projects such as Jaitapur, India is preparing a nuclear build-up that could place it among the world’s five leading nations in the sector.
Paris and Berlin agree on an energy roadmap including nuclear power
France and Germany have validated a joint energy roadmap, including a commitment to the non-discrimination of nuclear energy in European financing.
Putin and Pezeshkian to discuss Iranian nuclear program under European pressure
Russia and Iran seek to strengthen their nuclear cooperation as the E3 activates the sanctions mechanism against Tehran, reigniting tensions over compliance with the 2015 Vienna agreement.
Natura Resources secures federal and Texas backing for molten salt reactor
US-based Natura Resources has secured strategic funding and key permits for its MSR-1 nuclear reactor, backed by public funds and enriched fuel allocation from the Department of Energy.
Seoul and Washington open talks on nuclear fuel reprocessing
The United States and South Korea have agreed to initiate discussions on reprocessing spent nuclear fuel, marking a potential strategic shift in the long-standing bilateral agreement.
AP1000 reactor certification extended in the US until 2046
The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.
Nano Nuclear partners with Dioxitek to strengthen Argentina’s nuclear supply chain
Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
Sweden lifts uranium mining ban to revive nuclear industry
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
CEA considers deploying a small Calogena nuclear reactor in Cadarache
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
Guidehouse forecasts $8.1 billion revenues for modular reactors by 2034
A Guidehouse Research report anticipates strong growth in the global nuclear modular reactor market, with revenues rising from $375.8 million in 2025 to $8.1 billion in 2034.
Several South Korean groups back $50bn nuclear projects in the United States
KHNP, Doosan, POSCO and Samsung C&T join US partners to develop 5 GW of modular reactors, expand uranium enrichment and build an 11 GW energy complex in Texas.
Washington activates Defense Production Act to secure enriched uranium
The US Department of Energy is creating an industrial consortium to accelerate domestic enriched uranium production and reduce reliance on foreign imports ahead of the Russian supply ban in 2027.

Log in to read this article

You'll also have access to a selection of our best content.