Studsvik, GE Vernova Hitachi and Samsung C&T commit to advancing 1.2 GW nuclear power project in Sweden
Studsvik AB has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners to advance Sweden's first new nuclear build — a four-unit BWRX-300 small modular reactor project totaling 1.2 GW at either Nyköping or Valdemarsvik. GE Vernova Hitachi leads reactor design, licensing support and cost estimation and, together with Samsung C&T, forms the execution team with single-point responsibility for delivery, while GE Vernova Financial Services participates in an advisory and financial structuring capacity.
Key figures
- Units
- 4
- Exclusivity
- exclusive for a fixed period, extendable
- Reactor model
- BWRX-300
- Candidate sites
- ["Nyköping (existing licensed nuclear site)","Målma site, Valdemarsvik"]
- Project capacity
- 1.2 GW (approximately 1,200 MWe)
- First unit in service
- mid-2030s
AI analysis
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