Washington and Stockholm join forces on nuclear issues

The USA and Sweden announce a cooperation agreement for the development of nuclear energy, including small modular reactors (SMRs) and nuclear waste management.

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The USA and Sweden are working together to promote the development of nuclear energy.
The agreement signed between the two countries focuses on technological innovation and knowledge exchange to enhance nuclear capabilities.
This strategic cooperation aims to modernize the energy sector by focusing on small modular reactors (SMRs), the development of new fuels and the efficient management of nuclear waste.

Cooperation objectives

The agreement signed by the USA and Sweden aims to develop advanced nuclear solutions.
Small modular reactors (SMRs) are a key technology in this cooperation.
These compact, flexible reactors offer a promising alternative to traditional nuclear facilities.
By sharing their expertise, the two countries hope to accelerate the deployment of this technology and meet growing energy needs while reducing the carbon footprint.
Nuclear waste management is also a priority.
Both nations intend to exchange best practices to improve the safety and efficiency of waste management processes.
By developing new nuclear fuels, they aim to make energy production cleaner and more efficient.
This cooperation could serve as a model for other countries seeking to modernize their nuclear infrastructures.

Sweden’s energy development plan

Sweden is planning a significant expansion of its nuclear capacity to meet growing electricity demand and achieve its decarbonization targets.
Stockholm has announced the construction of two new reactors by 2035, with a total capacity of at least 2,500 MW.
This initiative is a first step towards a “massive expansion” of nuclear production by 2045.
Sweden currently operates six reactors in three plants, commissioned between 1975 and 1985.
By increasing its nuclear power production, Sweden intends not only to meet growing energy demand, but also to support its climate objectives.
This expansion aims to strengthen the country’s energy security while reducing greenhouse gas emissions.

Perspective and impact

Cooperation between the USA and Sweden could have a major impact on the global nuclear industry.
By combining their technologies and expertise, the two countries could accelerate technological advances and offer new solutions to global energy challenges.
This collaboration could also influence international nuclear policies, demonstrating the benefits of a strategic partnership for the development and dissemination of advanced nuclear technologies.
The joint commitment to innovation in small modular reactors and waste management could serve as a model for other countries.
By working together, the USA and Sweden are leading the way towards a safer, more sustainable energy future.

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French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.
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The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
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Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
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Electricité de France's Flamanville 3 reactor has reached full power for the first time, marking a key industrial milestone in the deployment of EPRs in Europe, despite cost overruns reaching EUR23.7bn ($25.7bn).
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Molten salt reactor developer Natura Resources has acquired Shepherd Power and partnered with NOV to scale up modular reactor manufacturing by the next decade.

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