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.