France and Sweden plan nuclear cooperation

BRUSSELS — France and Sweden have signed a declaration of intent to develop long-term cooperation in the field of nuclear energy. The declaration was signed in Brussels on Dec. 19 by Sweden's Deputy Prime Minister and Energy & Industry Minister Ebba Busch and France's Energy Minister Agnés Pannier-Runacher. The declaration calls for the two countries, among other things, to exchange experiences regarding financing models for the expansion of new nuclear power and encourage increased cooperation between the Swedish and French nuclear power industries. In addition, the countries will exchange technical experience in reactor maintenance, as well as lifetime and power upgrades of existing nuclear power reactors. It says France and Sweden will “promote a regulatory, industrial and financial framework favorable to the realization of nuclear installation projects with a high level of safety and ensuring institutional support for nuclear energy in compliance with the principle of technological neutrality and with the objective of strengthening Europe's sovereignty and energy security”. In the field of the nuclear fuel cycle, the countries will seek to reinforce the security of supply of nuclear materials and fuels “by endeavoring to promote cooperation between their industries to diversify supply and reduce EU dependence on Russian nuclear materials and services”. They will also aim to strengthen bilateral cooperation in the field of used fuel management, radioactive waste management and the associated logistics operations. The countries noted the close relations that exist between their nuclear regulators, the French Nuclear Safety Authority and the Institute for Radiation Protection and Nuclear Safety and the Swedish Radiation Safety Authority. “Increased international cooperation on nuclear power is central to enabling a massive expansion of nuclear power in Sweden by 2045,” Busch said. “France, like Sweden, has great experience in the nuclear power field and I look forward to strengthening the Swedish-French cooperation.” Last month, the Swedish government unveiled a road map, which envisages the construction of new nuclear generating capacity equivalent to at least two large-scale reactors by 2035, with up to ten new large-scale reactors coming online by 2045. — WNN

BRUSSELS — France and Sweden have signed a declaration of intent to develop long-term cooperation in the field of nuclear energy.

The declaration was signed in Brussels on Dec. 19 by Sweden’s Deputy Prime Minister and Energy & Industry Minister Ebba Busch and France’s Energy Minister Agnés Pannier-Runacher.

The declaration calls for the two countries, among other things, to exchange experiences regarding financing models for the expansion of new nuclear power and encourage increased cooperation between the Swedish and French nuclear power industries.

In addition, the countries will exchange technical experience in reactor maintenance, as well as lifetime and power upgrades of existing nuclear power reactors.

It says France and Sweden will “promote a regulatory, industrial and financial framework favorable to the realization of nuclear installation projects with a high level of safety and ensuring institutional support for nuclear energy in compliance with the principle of technological neutrality and with the objective of strengthening Europe’s sovereignty and energy security”.

In the field of the nuclear fuel cycle, the countries will seek to reinforce the security of supply of nuclear materials and fuels “by endeavoring to promote cooperation between their industries to diversify supply and reduce EU dependence on Russian nuclear materials and services”.

They will also aim to strengthen bilateral cooperation in the field of used fuel management, radioactive waste management and the associated logistics operations.

The countries noted the close relations that exist between their nuclear regulators, the French Nuclear Safety Authority and the Institute for Radiation Protection and Nuclear Safety and the Swedish Radiation Safety Authority.

“Increased international cooperation on nuclear power is central to enabling a massive expansion of nuclear power in Sweden by 2045,” Busch said. “France, like Sweden, has great experience in the nuclear power field and I look forward to strengthening the Swedish-French cooperation.”

Last month, the Swedish government unveiled a road map, which envisages the construction of new nuclear generating capacity equivalent to at least two large-scale reactors by 2035, with up to ten new large-scale reactors coming online by 2045. — WNN

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About Stu Turley 3367 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.