March 21, 2010
Vattenfall mulls new Swedish nuke plants
Published: 30 Oct 09 08:29 CET
Updated: 30 Oct 09 15:56 CET
Online: http://www.thelocal.se/22968/20091030/
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Swedish state-owned power firm Vattenfall unveiled plans at a press conference on Friday to which could result in the construction of a new nuclear power station, according to a statement.
- Sweden raps Vattenfall over recent scandals (23 Jul 09)
- Merkel attacks Vattenfall over reactor (20 Jul 09)
- More safety concerns for Vattenfall reactor in Germany (10 Jul 09)
"We at Vattenfall's are very happy to be able to continue our close partnership with representatives for Swedish industry and work together to develop energy solutions for the future," Hans von Ulthmann, Vattenfall vice CEO said.
The firms behind Industikraft include some of Sweden's major industrial firms, such as paper firm Holmen, SCA, Boliden and Eka Chemicals.
Industrikraft was formed less than six months before the government parties agreed to lift a moratorium on the construction of new nuclear power.
The government decision paved the way for up to ten new reactors to be built at existing nuclear power facilities.
Vattenfall explained that the next phase in the project would be to investigate and reach a decision on concrete partnership projects.
"The partnership is fully in line with our long-term strategic goal "Making Electricity Clean" and contributes to the achievement of stated climate goals," Vattenfall CEO Lars G Josefsson said.
As Vattenfall's owner the Swedish state retains the final say on any plans to construct new nuclear power facilities on Swedish soil.
Peter Vinthagen Simpson
news@thelocal.se
+46 8 656 6518
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Nuclear power can add stability to a system that is top heavy with wind and other forms of renewable energy production.
Like it or not, nuclear is here to stay.
Hopefully ITER will be a sucess and nuclear fusion will increase our options regarding power production. Then we will be able to cut down on fossil fuel imports substantially.
Heat-wise, nuclear is very inefficient.
Cost-wise, it is competitive. That may be why they are being build, you think?
But, in Sweden, they are more heat efficient because of the colder cooling waters.
Denmark is on track to switch 30% of its energy to Renewable. Uranium is not a Renewable fuel.
Then, there is the matter of the risk. The USA and Russia showed how expansive one accident can be. Only China and India are building them. India has no access to cold waters, they will heat the air directly while BAngladesh drowns.