NUCLEAR ENERGY
enhanced safety and greater deployment flexibility compared to conventional nuclear power plants. The technology provides consistent, low carbon electricity that can help stabilise power grids and support the integration of more intermittent renewable sources.
In countries like Sweden, where we recently partnered with Blykalla on an SMR project, nuclear power reactors already provide about 30 % of electricity, demonstrating the technology’ s potential for meaningful grid contribution. Sweden also has a goal to achieve a fossil-free electricity system by 2040, with nuclear power playing a key role in this transition.
Electricity demand will increase around the world as more and more industrial processes decarbonise and the rapid growth of data centres continues. New power generation capacity will be needed to keep pace, and nuclear – along with other low-carbon energy sources including the likes of hydro, solar, offshore wind and geothermal – need to be part of the solution.
Q. HOW CAN POLICY SUPPORT NUCLEAR ENERGY?
» The energy transition is a long game – change won’ t happen overnight. Therefore, policy plays
68 November 2025