2025-05-212024/25:NU20 · p.2NUBusiness & energy
Impact assessment of the bill
Is the impact assessment for the nuclear power support adequate?
What's at stake: If the basis turns out to be inadequate, the state risks having approved a major financial commitment without fully understanding the costs and risks, which could ultimately affect taxpayers and electricity customers if the projects turn out more expensive than estimated.
Case texts and AI reasoning are AI-translated from the Swedish originals; the Swedish text is authoritative.
What the vote decides
The question is whether the government's impact assessment of the proposal for state support to new nuclear power is sufficiently well founded to proceed, or whether there are such large uncertainties about costs, electricity demand and public finances that a deeper analysis is required before parliament decides.
Yes Yes — the committee proposal
The committee stands by its fundamental assessment that new nuclear power is needed and points out that several inquiries and agency assignments have already been carried out or initiated to clarify the conditions for the expansion in line with the government's roadmap; it therefore sees no reason to require a more extensive impact assessment before the proposal is implemented and rejects the motions.
No No — the reservations
Reservation 4 (MP)
The reservation (MP) wants parliament to require a substantially more thorough impact assessment before deciding on the financing and risk-sharing model, arguing that the government's basis largely rests on uncertain assumptions and overly optimistic projections, that several consultation bodies question the central assumption about electricity consumption, that there is no cap on when the model should stop applying, that a clear zero alternative is missing, and that the proposal's effect on public finances and the risk of state credit losses have not been adequately examined.
Summarised from the committee report. Party labels in the summary come from the report, not from the vote.
What do the votes mean here?
Yes The committee proposal: rejecting the motions (keeping things as they are).
No Backing the counter-proposal: reservation 4 by MP.
Abstain The party marks a position of its own that is not one of the two final alternatives.
What each plan points to — and how the party voted
For each party: the vote its own election manifesto and party programme point to in this case, next to how the party actually voted. A plan can only point to Yes or No; a party can also abstain.
| Plan | Vote | Confidence | Evidence | ||
|---|---|---|---|---|---|
| V | No | Abstain 0/0/21/3 | departs from the plan | confidence: high | derived |
| S | No | Abstain 0/0/93/13 | departs from the plan | confidence: medium | not addressed |
| MP | No | No 0/15/0/3 | follows the plan | confidence: high | explicit |
| C | No | Abstain 0/0/21/3 | departs from the plan | confidence: medium | derived |
| L | Yes | Yes 14/0/0/2 | follows the plan | confidence: high | explicit |
| KD | Yes | Yes 16/0/0/3 | follows the plan | confidence: medium | derived |
| M | Yes | Yes 60/0/0/8 | follows the plan | confidence: high | explicit |
| SD | Yes | Yes 63/0/0/9 | follows the plan | confidence: medium | derived |
Committee proposal
Parliament rejects the motions 2024/25:3392 by Rickard Nordin et al. (C) point 2 and 2024/25:3395 by Linus Lakso et al. (MP) points 3 and 4.
Original (Swedish)
Riksdagen avslår motionerna 2024/25:3392 av Rickard Nordin m.fl. (C) yrkande 2 och 2024/25:3395 av Linus Lakso m.fl. (MP) yrkandena 3 och 4.
Riksdag decision: Parliament approved the government's proposal on state support for investments in new nuclear power. The new law regulates the basic conditions and forms of state support to companies that invest in new nuclear reactors in Sweden. The support should be designed so that risks and profits are distributed in a well-balanced manner between the state and the company receiving support. The proposal means that state support may be provided in the form of state loans bilateral difference contracts, a model for electricity price hedging that constitutes an agreement between the operator of the reactor facility and the state covering both a minimum price guarantee and a cap on excess compensation. State loans may be granted for construction and trial operation of new nuclear reactors as well as for design and other preparatory measures before construction. Bilateral difference contracts may be entered into for routine operation of new nuclear reactors. The law enters into force on August 1, 2025.
Counter-proposals
- The counter-proposal wants parliament to reject the government's proposal for financing new nuclear power. (MP) — Reservation 4
Plan vs actual vote
Every party, in chamber order: what its own plan pointed to, how it voted, and the reasoning behind both. Highlighted rows are where the two differ — but a vote that follows the plan is a result too, so the reasoning is there for every party.
The plan explicitly rejects plans to expand nuclear power as a way out of fossil fuel dependence and wants instead to see radical expansion of renewable electricity production.
Plan documents: party programme
Reasoning and quotes
The plan explicitly rejects plans to expand nuclear power as a way out of fossil fuel dependence and wants instead to see radical expansion of renewable electricity production. A requirement for a much more thorough impact analysis of the financing and risk-sharing model, with clear zero alternative and analysis of public credit losses, follows from the plan wanting electricity and heat to be governed by socioeconomic goals.
Original (Swedish)
Planen avvisar uttryckligen planerna på att bygga ut kärnkraften som väg ut ur fossilberoendet och vill i stället se en radikal utbyggnad av den förnybara elproduktionen. Ett krav på en betydligt mer genomarbetad konsekvensanalys av finansierings- och riskdelningsmodellen, med tydligt nollalternativ och analys av statliga kreditförluster, följer av att planen vill att el och värme styrs av samhällsekonomiska mål.
- rejects nuclear power expansiondecisive»planerna på att bygga ut kärnkraften som en väg ut ur fossilberoendet.« (party programme ↗)“plans to expand nuclear power as a way out of fossil fuel dependence.”
- renewables before nuclear»En radikal utbyggnad av den förnybara elproduktionen är avgörande« (party programme ↗)“A radical expansion of renewable electricity production is decisive”
- electricity governed by socioeconomic goals»Vi ser el och värme som en del av Sveriges infrastruktur, där« (party programme ↗)“We see electricity and heat as part of Sweden's infrastructure, where”
- away from nuclear dependence»beroendet och kärnkraftsberoendet.« (party programme ↗)“dependence and nuclear dependence.”
The plan takes no explicit position on what the committee actually decided — often because the committee's reason was procedural. The stance is derived and fully cited, but it does not show the party broke a commitment.
The election manifesto promises to guarantee the credibility of Swedish economy, never to contribute to undermining public finances and to stand up for the fiscal framework.
Plan documents: 2022 manifesto
Reasoning and quotes
The election manifesto promises to guarantee the credibility of Swedish economy, never to contribute to undermining public finances and to stand up for the fiscal framework. A financing and risk-sharing model with unclear state commitments and risk of credit losses then requires a thorough basis before implementation. The party explicitly warns against bidding against each other with borrowed money. The plan therefore supports the requirement for a more thorough consequence analysis.
Original (Swedish)
Valmanifestet lovar att garantera trovärdigheten för svensk ekonomi, att aldrig medverka till att underminera statsfinanserna och att stå upp för det finanspolitiska ramverket. En finansierings- och riskdelningsmodell med oklara statliga åtaganden och risk för kreditförluster kräver då ett ordentligt underlag innan den genomförs. Partiet varnar uttryckligen för att bjuda över med lånade pengar. Planen stöder därför kravet på en grundligare konsekvensanalys.
- credible public financesdecisive»Garantera trovärdigheten för svensk ekonomi.« (2022 manifesto ↗)“Guarantee the credibility of Swedish economy.”
- the fiscal framework»Vi står upp för det finanspolitiska ramverket och vill utveckla det för att möta vår tids samhällsproblem.« (2022 manifesto ↗)“We stand up for the fiscal framework and want to develop it to meet our time's societal problems.”
- warning against borrowing-financed spending»Om partier skulle bjuda över varandra med lånade pengar slutar det med högre bolåneräntor och ännu högre priser.« (2022 manifesto ↗)“If parties bid against each other with borrowed money it ends with higher mortgage rates and even higher prices.”
- nuclear power in the electricity mix»Kärnkraften är en viktig del av svensk elproduktion och kommer att så vara under lång tid framöver.« (2022 manifesto ↗)“Nuclear power is an important part of Swedish electricity production and will continue to be for a long time ahead.”
The plan takes no explicit position on what the committee actually decided — often because the committee's reason was procedural. The stance is derived and fully cited, but it does not show the party broke a commitment.
The election manifesto states that nuclear power requires hundreds of billions from the state and takes at least fifteen years to build, and the party programme that the party opposes new reactors.
Plan documents: 2022 manifesto · party programme
Reasoning and quotes
The election manifesto states that nuclear power requires hundreds of billions from the state and takes at least fifteen years to build, and the party programme that the party opposes new reactors. A financing and risk-sharing model that rests on uncertain assumptions about electricity consumption and state credit losses is therefore precisely what the plan warns against. The demand for a thorough impact assessment is supported.
Original (Swedish)
Valmanifestet slår fast att kärnkraften kräver hundratals miljarder av staten och tar minst femton år att bygga, och partiprogrammet att partiet motsätter sig nya reaktorer. En finansierings- och riskdelningsmodell som vilar på osäkra antaganden om elförbrukning och statliga kreditförluster är därför precis det planen varnar för. Kravet på en genomarbetad konsekvensanalys stöds.
- nuclear power expensive and slowdecisive»Kärnkraften tar minst 15 år att bygga, kräver hundratals miljarder av staten i investeringar och har enorma säkerhetsrisker.« (2022 manifesto ↗)“Nuclear power takes at least 15 years to build, requires hundreds of billions of state investments and has enormous safety risks.”
- no new reactors»Vi motsätter oss byggandet av nya reaktorer i Sverige, eller effekthöjning i befintliga, och vill i stället påbörja avvecklingen av kärnkraften omedelbart.« (party programme ↗)“We oppose the construction of new reactors in Sweden, or power increases in existing ones, and instead want to begin the decommissioning of nuclear power immediately.”
- nuclear power unsustainable»Kärnkraften hör därför inte hemma i ett hållbart samhälle.« (party programme ↗)“Nuclear power therefore does not belong in a sustainable society.”
- renewable in the near term»Om vi vill ge hushåll, företag och industrier billig el i närtid och en säkrare värld, då måste framtiden vara förnybar!« (2022 manifesto ↗)“If we want to give households, businesses and industries cheap electricity in the near term and a safer world, then the future must be renewable!”
The party programme's vision is a society with one hundred per cent renewable energy without nuclear power, which means the plan offers no support for circumventing the review of a state financing model for new nuclear power.
Plan documents: party programme · 2022 manifesto
Reasoning and quotes
The party programme's vision is a society with one hundred per cent renewable energy without nuclear power, which means the plan offers no support for circumventing the review of a state financing model for new nuclear power. The election manifesto moreover requires that the fiscal framework is protected and that policy exercises restraint with taxpayers' money. A thorough consequences analysis of costs, credit risks and do-nothing scenarios is exactly what those commitments require.
Original (Swedish)
Partiprogrammets vision är ett samhälle med hundra procent förnybar energi utan kärnkraft, vilket gör att planen inte ger något stöd för att skynda förbi granskningen av en statlig finansieringsmodell för ny kärnkraft. Valmanifestet kräver dessutom att det finanspolitiska ramverket värnas och att politiken hushållar med skattebetalarnas pengar. En grundlig konsekvensanalys av kostnader, kreditrisker och nollalternativ är precis vad de åtagandena kräver.
- vision of a society without nuclear powerdecisive»Sverige har både möjlighet och skyldighet att inom mindre än en generation bli ett samhälle med hundra procent förnybar energi, helt fritt från fossil energi, där Centerpartiets vision är ett samhälle utan kärnkraft.« (party programme ↗)“Sweden has both the ability and the duty to become, within less than a generation, a society with one hundred per cent renewable energy, completely free from fossil fuels, where the Centre Party's vision is a society without nuclear power.”
- responsibility for government finances»Det finanspolitiska ramverket ska värnas och förstärkas, och Sveriges långsiktiga ekonomiska stabilitet ska försvaras. Politiken ska hushålla med skattebetalarnas pengar.« (2022 manifesto ↗)“The fiscal framework shall be protected and strengthened, and Sweden's long-term economic stability shall be defended. Policy shall exercise restraint with taxpayers' money.”
- effective measures over symbolic politics»Ett ledarskap som prioriterar effektiva åtgärder framför symbolpolitik eller passivitet.« (2022 manifesto ↗)“Leadership that prioritizes effective measures over symbolic politics or passivity.”
The plan takes no explicit position on what the committee actually decided — often because the committee's reason was procedural. The stance is derived and fully cited, but it does not show the party broke a commitment.
The election manifesto explicitly requires that state loan guarantees shall cover nuclear power, that more reactors are enabled and that the regulations are modernized.
Plan documents: 2022 manifesto · party programme
Reasoning and quotes
The election manifesto explicitly requires that state loan guarantees shall cover nuclear power, that more reactors are enabled and that the regulations are modernized. The party programme establishes that nuclear power is needed for climate reasons and that the state should facilitate expansion. A requirement for a much more elaborate impact analysis before implementing the financing model would delay exactly what the plan wants to implement.
Original (Swedish)
Valmanifestet kräver uttryckligen att statliga lånegarantier ska omfatta kärnkraften, att fler reaktorer möjliggörs och att regelverken moderniseras. Partiprogrammet slår fast att kärnkraften behövs för klimatets skull och att staten bör underlätta en utbyggnad. Ett krav på en betydligt mer genomarbetad konsekvensanalys innan finansieringsmodellen genomförs skulle fördröja just det planen vill genomföra.
- state loan guarantees for nuclear powerdecisive»I stället vill vi möjliggöra fler nya reaktorer på fler ställen, möjliggöra återstart av Ringhals 1 och 2, se till att statliga lånegarantier omfattar kärnkraften, modernisera regelverken och ge kärnkraften betalt för att den alltid finns tillgänglig.« (2022 manifesto ↗)“Instead, we want to enable more new reactors at more sites, enable restart of Ringhals 1 and 2, ensure that state loan guarantees cover nuclear power, modernize the regulations and pay nuclear power for always being available.”
- expanded nuclear power»Utveckla – inte avveckla – kärnkraften.« (2022 manifesto ↗)“Develop – not phase out – nuclear power.”
- nuclear power for climate»Kärnkraften behövs för klimatets skull och för att minska världens utsläpp. Staten bör underlätta« (party programme ↗)“Nuclear power is needed for climate reasons and to reduce world emissions. The state should facilitate”
- state facilitates investments»demonstrationsanläggningar, avfallshantering och insatser för att marknaden ska kunna investera« (party programme ↗)“demonstration plants, waste management and measures so that the market can invest”
The election manifesto requires that nuclear power is given long-term conditions to develop and that new reactors are built, and the party programme wants to secure energy supply with fixed rules without electricity shortage.
Plan documents: 2022 manifesto · party programme
Reasoning and quotes
The election manifesto requires that nuclear power is given long-term conditions to develop and that new reactors are built, and the party programme wants to secure energy supply with fixed rules without electricity shortage. A requirement for a significantly more thorough impact analysis before the financing model is implemented postpones precisely the expansion the plan requires. The plan's requirement for restraint with public expenditure weighs against but does not support the counter-proposal.
Original (Swedish)
Valmanifestet kräver att kärnkraften får långsiktiga villkor att utvecklas och att nya reaktorer byggs, och partiprogrammet vill trygga energiförsörjningen med fasta spelregler utan elbrist. Ett krav på en betydligt mer genomarbetad konsekvensanalys innan finansieringsmodellen genomförs skjuter upp just den utbyggnad planen kräver. Planens krav på återhållsamhet med offentliga utgifter väger emot men bär inte motförslaget.
- expanded nuclear powerdecisive»Satsa på kärnkraften med långsiktiga villkor att utvecklas. Förläng befintliga reaktorers drift och bygg ut med nya reaktorer.« (2022 manifesto ↗)“Invest in nuclear power with long-term conditions to develop. Extend the operation of existing reactors and expand with new reactors.”
- fixed rules in energy policy»Sveriges energiförsörjning ska tryggas genom en långsiktig energipolitik med fasta spelregler« (party programme ↗)“Sweden's energy supply must be secured through a long-term energy policy with fixed rules”
- avoid electricity shortage»Målet är ett ekologiskt hållbart energisystem utan drastiska prisförändringar, elbrist eller andra betydande påfrestningar på välfärd och sysselsättning.« (party programme ↗)“The goal is an ecologically sustainable energy system without drastic price changes, electricity shortage or other significant hardships on welfare and employment.”
- restraint with public expenditure»Sparandet i den svenska ekonomin måste hållas högt genom hushållssparande och genom återhållsamhet i de offentliga utgifterna.« (party programme ↗)“Savings in the Swedish economy must be kept high through household savings and through restraint in public expenditure.”
The plan explicitly commits to the state guaranteeing loans and introducing green credit guarantees and a government high-cost protection for the construction of new nuclear power, in order to enable ten new reactors.
Plan documents: 2022 manifesto
Reasoning and quotes
The plan explicitly commits to the state guaranteeing loans and introducing green credit guarantees and a government high-cost protection for the construction of new nuclear power, in order to enable ten new reactors. The counter-proposal's demand for a significantly more thoroughly worked-through consequence analysis before the financing and risk-sharing model is implemented delays precisely the model the plan wants in place. The plan therefore speaks against the demand.
Original (Swedish)
Planen åtar sig uttryckligen att staten ska garantera lån och införa gröna kreditgarantier och ett statligt högkostnadsskydd för byggandet av ny kärnkraft, i syfte att möjliggöra tio nya reaktorer. Motförslagets krav på en betydligt mer genomarbetad konsekvensanalys innan finansierings- och riskdelningsmodellen genomförs skjuter upp precis den modell planen vill se på plats. Planen talar därför emot kravet.
- government credit guarantees for nuclear powerdecisive»Införa gröna kreditgarantier för ny kärnkraft – staten ska underlätta finansieringen« (2022 manifesto ↗)“Introduce green credit guarantees for new nuclear power – the state shall facilitate financing”
- government high-cost protection»Införa ett statligt högkostnadsskydd för konstruktionen av ny kärnkraft« (2022 manifesto ↗)“Introduce a government high-cost protection for the construction of new nuclear power”
- ten new reactors»Moderaterna vill att staten garanterar lån för byggandet av ny kärnkraft – det skulle möjliggöra att 10 nya reaktorer byggs.« (2022 manifesto ↗)“The Moderates want the state to guarantee loans for the construction of new nuclear power – this would make it possible to build 10 new reactors.”
- new nuclear power is the solution»Ny kärnkraft är lösningen för att reparera Sveriges energisystem på lång sikt.« (2022 manifesto ↗)“New nuclear power is the solution to repair Sweden's energy system in the long term.”
The election manifesto requires a long-term investment in next-generation nuclear power and a roadmap for SMR reactors, as well as more efficient and predictable processes for electricity supply.
Plan documents: 2022 manifesto
Reasoning and quotes
The election manifesto requires a long-term investment in next-generation nuclear power and a roadmap for SMR reactors, as well as more efficient and predictable processes for electricity supply. A requirement for a considerably more thorough impact analysis before the financing model is implemented delays precisely the expansion the plan prioritizes. The plan therefore speaks against the requirement.
Original (Swedish)
Valmanifestet kräver en långsiktig satsning på nästa generations kärnkraft och en färdplan för SMR-reaktorer, samt effektivare och mer förutsägbara processer för elförsörjningen. Ett krav på en betydligt mer genomarbetad konsekvensanalys innan finansieringsmodellen genomförs skjuter upp just den utbyggnad planen prioriterar. Planen talar därför emot kravet.
- roadmap for new nuclear powerdecisive»Skapa förutsättningar för ny kärnkraft i Sverige och en färdplan för byggandet av SMR-reaktorer« (2022 manifesto ↗)“Create conditions for new nuclear power in Sweden and a roadmap for building SMR reactors”
- long-term nuclear power investment»Sverigedemokraterna vill göra en långsiktig satsning på den nya generationens kärnkraft.« (2022 manifesto ↗)“Sweden Democrats wish to make a long-term investment in the next generation of nuclear power.”
- planned electricity production»Sverige behöver satsa på planerbar och fossilfri elproduktion.« (2022 manifesto ↗)“Sweden needs to invest in planned and fossil-free electricity production.”
- faster processes»Effektivisera och öka förutsägbarheten i tillståndsprocesserna för gruvnäring, elnätsutbyggnad och industri« (2022 manifesto ↗)“Streamline and increase predictability in permit processes for mining, electricity network expansion and industry”
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Sources and documents
- The committee report on riksdagen.se (2024/25:NU20)
- Committee report full text (HC01NU20)
- Per-MP voting data (API)
- Case status (API)
Documents under consideration
- Motion 2024/25:2954 — En folkrörelse för klimatet av Muharrem Demirok m.fl. (C)
- Motion 2024/25:3134 — Utgiftsområde 21 Energi av Fredrik Olovsson m.fl. (S)
- Motion 2024/25:3389 — med anledning av prop. 2024/25:150 Finansiering och riskdelning vid investeringar i ny kärnkraft av Birger Lahti m.fl. (V)
- Motion 2024/25:3392 — med anledning av prop. 2024/25:150 Finansiering och riskdelning vid investeringar i ny kärnkraft av Rickard Nordin m.fl. (C)
- Motion 2024/25:3394 — med anledning av prop. 2024/25:150 Finansiering och riskdelning vid investeringar i ny kärnkraft av Fredrik Olovsson m.fl. (S)
- Motion 2024/25:3395 — med anledning av prop. 2024/25:150 Finansiering och riskdelning vid investeringar i ny kärnkraft av Linus Lakso m.fl. (MP)
- Proposition 2024/25:150 — Finansiering och riskdelning vid investeringar i ny kärnkraft
Source: The Swedish Parliament