Sweden has a new energy target: atomic power. Swedish parliament adopted a new mission by giving permission to push forward government plans to build new nuclear plants in the same country that, just 40 years ago, phased out any possible nuclear power.
To meet the government’s atomic plan, officials will need to target their original “100% fossil-free” electricity, from “100% renewable” initiatives. The plan is expected to double the electricity demand to around 300 TwH by 2040 and reach net zero emissions by 2045.
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Sweden has abandoned its “100% renewable” energy target in favour of adopting a technology-neutral Net Zero policy in order to create the conditions for nuclear power. “We need a stable energy system”, the finance minister said.#CostOfNetZero
👉https://t.co/pKQBcCwHSm pic.twitter.com/baZYGhC4Zd
— Net Zero Watch (@NetZeroWatch) June 22, 2023
The coalition aims to reduce the biofuel blend in gasoline and diesel, potentially resulting in increased CO2 emissions. This decision could pose a challenge to Sweden’s ability to meet its emissions targets by 2030.
Sweden’s proposals to grant countries the opportunity to extend subsidies for idle coal power plants have raised concerns within the European Union. Furthermore, Stockholm has expressed a desire for Brussels to weaken a significant legislation aimed at rejuvenating declining natural habitats.
The European Union has expressed apprehension regarding Sweden’s suggestions to extend subsidies for inactive coal power plants. Additionally, Stockholm has requested the dilution of a significant legislation by Brussels that seeks to restore declining natural habitats, causing further unease.
State-owned utility Vattenfall is aiming to build at minimum two modular reactors that would extend the life of the country’s already existing ones. This decision has faced some criticism, with claims that it will take too long to build and will cost them too much money.
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