Swedish government will help finance 'massive' nuclear expansion

The Swedish government pledged to take an active role in securing financing for a “massive” buildout of nuclear power to meet an expected surge in electricity demand. 
Sweden's 30-year-old nuclear power plant Barsebäck was shut down in 2005. | Photo: Mads Nissen/Politiken/Ritzau Scanpix
Sweden's 30-year-old nuclear power plant Barsebäck was shut down in 2005. | Photo: Mads Nissen/Politiken/Ritzau Scanpix
By Niclas Rolander / bloomberg

The center-right coalition and their partner Sweden Democrats said Thursday that they will launch an inquiry into the various models for how the state can share financial risks with utilities that choose to invest in the largely emissions-free technology. 

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