Vattenfall’s Videberg Kraft Selects Rolls-Royce SMR for New Reactors at Ringhals Site
Vattenfall’s (ENS Corporate Member) and Industrikraft’s nuclear company Videberg Kraft has selected Rolls-Royce SMR as the supplier for new reactors on the Värö Peninsula, next to Ringhals.
This marks Sweden’s first new nuclear power project in over four decades, and makes Sweden the third European country to choose Rolls-Royce SMR technology, after the Czech Republic and the UK.
The selection follows a four-year evaluation process that initially considered more than 70 options.
Detailed planning will now begin for three reactors based on modular technology, with the Swedish state due to become the majority owner of Videberg Kraft pending parliamentary approval.
“New nuclear power is an important part of the Swedish energy system and will support the transition of industry and thereby strengthen Sweden’s long-term competitiveness,”
said Anna Borg, board member of Videberg Kraft and President and CEO of Vattenfall.
Once built, the three reactors, each with an output of 470 MW, are expected to produce around 12 TWh of fossil-free electricity per year, equivalent to about 6% of Sweden’s annual power consumption.
The technology is based on pressurised water reactors (PWR), the same type currently used at Ringhals, with most components manufactured in factory conditions before assembly on site.
A first unit could enter operation in the mid-2030s, subject to permitting and regulatory processes.
Read the full Vattenfall Press Release.
Sweden currently operates three nuclear power plants with six nuclear reactors, providing around 30% of its electricity.
In May 2025, the Swedish Parliament passed legislation to finance a new generation of reactors, building on the government’s 2023 roadmap, which targets new nuclear capacity equivalent to at least two large-scale reactors by 2035 and up to 10 reactors, including SMRs, by 2045.
The Videberg Kraft selection also adds to a wave of new nuclear projects in the country, with Studsvik (ENS Corporate Member) having recently submitted its own application for state support for new SMR capacity.
