Sweden Picks Rolls-Royce for First New Reactor Since the 1980s | HappeningNow.news

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Sweden Picks Rolls-Royce for First New Reactor Since the 1980s

The leading economics blog online covering financial issues, geopolitics and trading. Rolls-Royce SMR just added its third major European contract.

Source Summary Published June 18, 2026 Brief Under 1 min brief
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Summary

Rolls-Royce SMR just added its third major European contract. Videberg Kraft, backed by Sweden’s utility Vattenfall, selected the UK design for three units on the west coast, making it Sweden’s first new nuclear plant in more than forty years. The multibillion-pound export win, actively supported by UK government trade efforts, lands on top of existing deals in the UK and Czechia and makes Rolls-Royce the only SMR developer with multiple binding commitments across the continent.

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