Sweden and the United States recently signed a memorandum of understanding (MoU) on bilateral nuclear cooperation in Washington, DC. Minister for Energy, Business and Industry Ebba Busch and US Secretary of Energy Jennifer Granholm met to strengthen cooperation between the two countries and support the development of new nuclear power.
“Sweden and the United States will now cooperate on nuclear power. This is good for Sweden, the United States, the labour market and competitiveness. Our countries enjoy longstanding and good relations, and I look forward to strengthening our cooperation and knowledge exchange in the area of nuclear power,” said Minister Busch.
The MoU signifies an agreement between Sweden and the United States to share knowledge and experiences on policy, research, and innovation related to supply chains, financing models, skills supply, and the development of advanced nuclear fuel. Both countries have extensive experience in nuclear power and have plans to develop it further. The Swedish Government has implemented several measures to enable the installation of new nuclear power plants with a combined output of at least 2,500 MW by 2035.
“Today’s agreement further strengthens US cooperation with Sweden to diversify our supply chains and nuclear fuel supply, deploy new reactors, and find solutions to the management of our spent nuclear fuel,” noted US Secretary Granholm.
