SEDAN
German power company Uniper, soon to be nationalized, plans to build a power plant in Sweden, media reported Thursday.
The resolution comes amid a dispute within the German government over the long-term nuclear force as an option to the force crisis.
Only thanks to an intervention by Chancellor Olaf Scholz did the operating licenses of three German nuclear plants be extended in October in the face of opposition from coalition partner the Greens. However, the source of the new fuel rods is still unclear.
Due to the force crisis, Germany’s 3 power plants are expected to continue operating until next April. After that, Germany plans to phase out nuclear force. The resolution to phase out was made in 2011 after the Fukushima nuclear crisis in Japan.
The fact that a long-standing state-owned company now needs to build a new nuclear power plant in Sweden may fuel new conflicts within the German government coalition.
Swedish Energy Minister Ebba Busch told Swedish public broadcaster SVT that it is gratifying that Uniper has responded so temporarily to the new Swedish government’s invitation to force corporations and is already making plans to build a new nuclear plant in the southern province of Skane.
Uniper reported a loss of about 40 billion euros ($39 billion) in the first months of the year, hurt by reduced deliveries of Russian fuel, according to the company’s currency effects released on Thursday.
The drop is mainly attributed to the fuel business, which was hit by high replacement prices due to reduced fuel deliveries from Russia between June 14 and Sept. 30, Uniper said.