Vattenfall Selects Rolls-Royce SMR for New Reactors at Ringhals with Government Backing

Vattenfall's project company Videberg Kraft has chosen British firm Rolls-Royce SMR to build small modular reactors at the Ringhals nuclear power plant in Sweden. The decision, announced on June 15, 2026, came after a thorough evaluation that weighed multiple factors and involved competition between Rolls-Royce SMR and American company GE Vernova. Vattenfall's CEO, Anna Borg, expressed satisfaction with having reached this significant milestone, underscoring the careful consideration given to selecting the supplier.

The Swedish government has welcomed the choice, highlighting the project's expected benefits for the national economy. Energy and Business Minister Ebba Busch (KD) noted these reactors are expected to be operational by the mid-2030s and pointed out that there are currently four applications for small modular nuclear power plants throughout Sweden. Minister Busch emphasized that the primary aim is to reduce energy costs for both consumers and businesses.

Finance Minister Elisabeth Svantesson (M) added that reactor construction will generate jobs and strengthen Sweden's economy, directly supporting growth and employment in the country. This endorsement marks an important development in Sweden’s energy sector, focused on sustainable and cost-effective nuclear power to meet future demands.

The project reflects a broader commitment to advancing small modular reactor technology in Sweden as a complementary energy solution, signaling a major investment in the country's nuclear energy infrastructure and economic welfare.