Sweden’s Incoming Cabinet Says Will Build New Nuclear Reactors

(Bloomberg) -- Sweden’s incoming government will ask state-run utility Vattenfall AB to plan and procure new nuclear power stations, according to a news conference on Friday.

“New reactors will be built in Sweden,” said Ebba Busch, whose Christian Democrat party belongs to an alliance that won the most seats in last month’s general election. The right-wing bloc is slated to become the Nordic nation’s next government in a parliamentary vote next week.

Sweden now joins other countries in Europe that are turning to nuclear power in response to record high energy prices and fears over the security of key infrastructure. Swedes have hotly debated nuclear power for decades, but the energy source has garnered popular support recently amid the ongoing power crunch.

The Nordic nation has six reactors today, operated mainly by Vattenfall. Atomic energy, hydro power and wind turbines meet virtually all the country’s electricity demand.

Read More: Nuclear Power Primed for Swedish Comeback But Hurdles Remain

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