Nuclear power

Government green light to nuclear power subsidies

After years of debating, the four parties in the government alliance have agreed not to ban government subsidies for nuclear power plants, Swedish Radio News reports.

Three years ago the government removed the law that prevented new nuclear power plants to be built but instead said that the state should not provide funding or subsidies for any new power plants.

But without subsidies, it wouldn’t be profitable to build new plants.

Today’s decision would make it possible to receive government subsidies, making construction of new nuclear power plants potentially profitable in the future.