Swedish small modular reactor project development company Kärnfull Next has announced plans for its first nuclear new build site in Nykoping, southeast Sweden – a site it wants to turn into an “SMR campus” by the mid-2030s.
The company said it has signed a memorandum of understanding and attained prospecting rights to explore the potential for commercial nuclear energy production at an industrial site owned by nuclear technology company Studsvik.
A feasibility study began in May, and preliminary results suggest that the Studsvik area has favourable conditions for commercial SMRs, Kärnfull Next said.