Stockholm: Sweden will add to its nuclear power capacities to fast-track the country’s transition to fossil-free electricity production while securing energy supply in times of crisis, the government said.
The announcement came as the government was launching an inquiry into the future role of atomic energy, marking a shift from the previous policy to gradually switch to 100 per cent renewable electricity generation by 2040, reports Xinhua news agency.
The new goal is to achieve 100 per cent fossil-free electricity production by the same year, in quantities sufficient to enable the electrification of the transport sector, and to meet the growing energy needs of the industry, such as battery factories and plants using hydrogen instead of coal to produce green steel.
The inquiry will look into options to streamline and speed up the permitting processes for nuclear power.
“We need to streamline the regulatory framework and prepare our authorities for applications that may be submitted for (the construction of) both conventional and small modular reactors. This applies to both existing and new technologies,” Romina Pourmokhtari, Minister for Climate and the Environment, said in a statement.
More nuclear power would also mean more stable and competitive electricity prices while ensuring a safe and robust energy supply for both military and civil use, the government said in the press release.