Videberg Kraft has selected Rolls-Royce SMR as the supplier for new nuclear power facilities planned near the Ringhals nuclear power plant on Sweden’s west coast.
The decision follows a four-year evaluation process that initially considered more than 70 potential suppliers. The project will involve the construction of three small modular reactors, each with a planned capacity of 470 MW. Together, the reactors are expected to generate approximately 12 TWh of fossil-free electricity annually.
Rolls-Royce SMR’s modular approach allows major reactor components to be manufactured in controlled industrial facilities before being assembled on-site. The technology is based on pressurized water reactor (PWR) systems, which are already used at the Ringhals nuclear plant.
Anna Borg, President and CEO of Vattenfall and a board member of Videberg Kraft, said the project is expected to support Sweden’s long-term energy needs and industrial competitiveness. Martin Darelius, Acting Head of New Nuclear at Vattenfall, said the supplier selection followed extensive technical and independent reviews.
The project represents Sweden’s first major nuclear power development in more than four decades and forms part of broader efforts to expand low-carbon electricity generation.
Why it matters for green steel: Access to reliable, low-carbon electricity is becoming increasingly important for energy-intensive industries, including steel production. The planned SMRs could help strengthen the electricity supply in southern Sweden while supporting industrial decarbonization efforts. The project also reflects growing interest in nuclear power as a complement to renewable energy sources in achieving long-term climate and energy security objectives.