Studsvik have signed a Memorandum of Understanding (MoU) with Fortum to explore the conditions for new nuclear at the Studsvik site outside Nyköping in Sweden. Studsvik wants to support the climate transition, where more nuclear power is needed to meet the climate goals, while also satisfying the increasing demand for energy in all parts of the world. In the long term there is a possibility for new nuclear power on the Studsvik site, either in the form of commercial reactors, research reactors or a combination of both.

In that case, Studsvik's role will be to make land available and contribute with its expertise in various areas - not to build or operate nuclear power plants on its own. The MoU is part of Fortum's Nuclear Feasibility Study launched in October 2022. During the two- year programme, Fortum explores commercial, technological, and societal, including political, legal, and regulatory conditions both for small modular reactors (SMRs) and conventional large reactors in Finland and Sweden.

The study also investigates new partnerships and business models. The agreement initiates a process with the aim to assess the potential to construct new nuclear at the Studsvik site. In the first phase, the goal is to identify potential business models and technical solutions for further development.

This MoU is running in parallel with earlier announced agreements with Kärnfull Next and Blykalla.