Videberg Kraft Selects Rolls-Royce SMR
Analysis based on 7 articles · First reported Jun 15, 2026 · Last updated Jun 18, 2026
The selection of Rolls-Royce Holdings — Rolls-Royce SMR by Videberg Kraft for Sweden's first new nuclear power plant in over 40 years is a significant positive for the nuclear energy sector, particularly for Rolls-Royce Holdings — Rolls-Royce SMR and its investors. This decision reinforces confidence in SMR technology, potentially leading to increased investment and further adoption of SMRs globally, benefiting companies involved in nuclear power generation and related manufacturing.
Videberg Kraft, a company owned by Vattenfall and Industrikraft Midt-Norge, has selected Rolls-Royce Holdings — Rolls-Royce SMR as the supplier for its project on the Värö Peninsula in Sweden. This project aims to build three small modular reactors, adding approximately 1.5 GW of capacity to the Swedish grid by the mid-2030s. This marks Sweden's first new nuclear power plant in over four decades and follows a three-year selection process. The decision is a major endorsement for Rolls-Royce Holdings — Rolls-Royce SMR, which has also been chosen for SMR projects in the United Kingdom and by SK Group in the Czech Republic. The move aligns with Sweden's renewed positive stance on nuclear energy and its roadmap for significant new nuclear generating capacity by 2045.
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