Sweden’s Nuclear Power Ambitions Quashed

Sweden’s hope to build out its nuclear power capacity was quashed this week, with German utility Uniper SE saying it had no intention of throwing more money on nuclear power. Uniper currently operates Sweden’s largest nuclear power reactor Oskarshamn-3, and has partial stakes in Ringhals and Forsmark. But Uniper isn’t interested in spending on additional nuclear power beyond its existing plants. It instead intends to focus on natural gas and renewables, according to Bloomberg, in line with its home country’s recent mothballing…