Videberg Kraft has today selected Rolls-Royce SMR as its partner to deliver three Small Modular Reactors (SMRs) on the Värö peninsula, on Sweden’s west coast. The Videberg Project will build Sweden’s first new NPP in more than 40 years.
In December 2025, Videberg Kraft applied for state aid to support proposals for either five GE Vernova Hitachi BWRX-300 reactors or three Rolls-Royce SMRs to provide about 1,500 MWe at the Ringhals site. Videberg Kraft is owned by Vattenfall (80%) and backed by a series of industrial firms via the Industrikraft i Sverige AB consortium (20%). However, in April, the Swedish government formally proposed acquiring a 60% stake in Videberg Kraft.
“Following a rigorous selection process that began in 2022 and considered both large-scale and small modular reactor options, we are delighted to have been selected by Videberg Kraft as its partner to bring new nuclear power to Sweden,” said Chris Cholerton, Rolls-Royce SMR CEO. “This decision further demonstrates growing market confidence in our technology, and we deeply appreciate the strong collaboration with the Videberg Kraft team and the trust placed in us.”
The Rolls-Royce SMR, a 470 MWe design based on a small pressurised water reactor, will is designed to provide consistent baseload generation for at least 60 years. Some 90% of the SMR will be built in factory conditions, limiting on-site activity to assembly of prefabricated, pre-tested, modules which has the potential to drastically shorten build schedules.
Anna Borg, Board member of Videberg Kraft and President and CEO of Vattenfall, noted: “Overall, the Board’s assessment is that Rolls-Royce SMR is the supplier that can give Videberg Kraft the best pre-requisites for delivering a successful project. The reactor, a pressurised water reactor (PWR), is the same type used at Ringhals today and is a well-proven technology. More-over, Rolls-Royce SMR has a commercially attractive contractual set-up.”
Tom Erixon, Board member of Videberg Kraft and Industrikraft, and President and CEO of Alfa Laval, said Rolls-Royce SMR offers an efficient and industrialised concept that reduces the risk of delays. “Videberg Kraft, together with Rolls-Royce SMR, is now paving the way for a new nuclear power on the Värö peninsula – something that would not have been possible without a historically unique collaboration between Swedish industry and the energy sector.” says
Desirée Comstedt, acting CEO of Videberg Kraft said Rolls-Royce SMR offers a robust network of subcontractors, the majority of which are located in our geographical vicinity. “By choosing to move forward with Rolls-Royce SMR, Videberg Kraft and its owner companies also become part of a European programme, where we can benefit from shared experience.”
The first Rolls-Royce SMR is expected to be built in the UK. In April Great British Energy – Nuclear (GBE‑N) signed a contract with Rolls‑Royce SMR to begin technology design activities that will enable the delivery of the UK’s first SMRs. GBE‑N selected Rolls-Royce SMR as the preferred technology partner in June 2025, and £2.6bn ($3.5m) was allocated in the 2025 Spending Review to support this contract and wider programme delivery. The contract enables work to start immediately on the delivery of three Rolls-Royce SMRs at Wylfa, on the coast of Ynys Môn (Anglesey) in North Wales.
In April. Rolls-Royce SMR and Czech power company ČEZ Group signed an Early Works Contract (EWC) that enables work to start on the Czech Republic’s first small modular reactor (SMR) at the Temelín NPP site. This follows a programme of geological studies which will allow Rolls-Royce SMR and ČEZ to jointly develop a site application for SMRs at Temelín this year.
This is based on a 2024 strategic partnership between Rolls‑Royce SMR and to deploy up to 3 GWe in the Czech Republic. ČEZ subsequently acquired approximately a 20% stake in Rolls Royce SMR. Under the EWC, site‑specific design work will begin, including preparations for consents, permitting, and licensing, alongside the preliminary infrastructure activities already underway at Temelín.
Tufan Erginbilgic, CEO of Rolls-Royce plc, said: “Rolls-Royce SMR has now been successful in every competitively tendered SMR selection process in Europe and it is now very well placed to become a market leader globally. Success in Sweden shows the real momentum that Rolls-Royce SMR is generating as it builds upon its crucial first-mover advantage in a market that is growing and attracting significant international interest.”
