State loans, CFDs and financial risk-sharing model for nuclear

In May 2025, the Parliament adopted a new Act regarding state aid for companies that wish to invest in new nuclear reactors in Sweden. The new state aid is limited to investments of up to a total installed capacity of approximately 5 000 MW. It outlines the conditions and forms of support, including state loans and two-way Contracts for Difference (CfDs), offering both minimum revenue guarantees and caps on overcompensation. Loans may cover construction, commissioning, and preparatory work, while CfDs apply to regular operations. Support will be conditional, based on agreements between the state and the recipient company, and generally limited to reactors with a total capacity of at least 300 MW at the same site - exceptions may be made.

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