The Swedish government has proposed a financial framework of up to SEK220bn (€19.9bn) over 12 years to support the construction of new nuclear reactors, according to its 2026 draft budget. The plan also includes annual price guarantee allocations of SEK1–3bn (€90–270m) for up to 40 years after the new units enter into operation. According to a government statement, the long-term support scheme is intended to enable loans to project companies, with the first contracts expected to be signed in 2026 and 2027.
The proposed figures represent a maximum ceiling for negotiations, not a final price tag, and the draft motion will require parliamentary approval. The support scheme is also subject to approval by the European Commission, and the terms will be negotiated on a case-by-case basis, meaning the final cost to the state will depend on actual construction expenses and future electricity market conditions.
In May 2025, Sweden passed legislation establishing a state aid framework that includes government-backed loans and two-way Contracts for Difference (CfDs) for companies planning to build nuclear reactors. The law covers projects with a total capacity of up to 5 GW, equivalent to around four or five large reactors, and entered into force in August 2025, when applications for support could begin to be submitted.