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Article: Sweden.: Swedish companies form joint venture, mull nuclear reactor.
- Article from:
- TendersInfo
- Article date:
- October 31, 2009
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Byline: kusumv03
Swedish state-owned utility Vattenfall and a group of five electricity-intensive companies Friday announced plans to cooperate on future power production. A joint venture between Vattenfall and the Industrikraft group was to study the feasibility of various energy sources, including renewables as well as possibly building a new nuclear reactor to ensure cheap "baseload power." The power-intensive industry fears a power shortage when the 10 current reactors are to be decommissioned at the end of their lifespan in the 2020s.
"Naturally, we see nuclear power as one alternative, but we'll also be studying other options," said Magnus Hall, ...