Studsvik

Studsvik Wins Norway Spent Fuel Deal Worth Up to SEK 4 Billion

Nyköping – October 16, 2026 -- Studsvik has signed a frame agreement with Norwegian Nuclear Decommissioning (NND) running until 2055, with an estimated total value for Studsvik of SEK 3-4 billion and a contractual minimum of about SEK 875 million. The contract covers transport, treatment and interim storage of spent fuel from Norway's former research reactors at Halden and Kjeller.

Studsvik will move 16.5 tonnes of Norwegian fuel to Sweden

Norway holds about 16.5 tonnes of spent fuel from six decades of research reactor operation. Much of it cannot be stored long term or disposed of in its current form. The inventory includes metallic uranium fuel, aluminium-clad fuel and experimental fuels.

Studsvik will transport the fuel to its licensed facilities outside Nyköping, inspect it and, where required, treat it, including oxidation of metallic uranium fuel. The treated fuel will stay at Studsvik until it is returned to Norway for final disposal.

Studsvik, GE Vernova Hitachi, Samsung C&T advance 1.2 GW Swedish nuclear plan

Nyköping – September 08, 2026 -- Studsvik AB, GE Vernova Hitachi Nuclear Energy and Samsung C&T have signed an exclusive agreement to advance a four-unit BWRX-300 nuclear project totaling roughly 1,200 MWe in Sweden, with the first unit targeted for operation in the mid-2030s.

Consortium selects GE Vernova Hitachi and Samsung C&T after competitive review

Following a competitive evaluation process, Studsvik named GE Vernova Hitachi Nuclear Energy as reactor design authority and Samsung C&T as execution partner for the ReFirm programme. GE Vernova Financial Services and Seoul-based DS Investment Partners join as financing partners, with DS Investment Partners leading investment structuring during the exclusivity period.