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Reactor Developers Advance Sweden's Nuclear Ambitions While State Puts Up $3.7 Billion

Reactor Developers Advance Sweden's Nuclear Ambitions While State Puts Up $3.7 Billion Sweden advanced its nuclear revival with two major filings for new capacity and a government proposal to commit up to $3.7 billion in state capital for SMR projects. On May 18th, Blykalla submitted the first application for an advanced reactor park under Sweden’s new siting process. The Norrsundet site would host six 55-MWe SEALER lead-cooled reactors, for 330 MWe total.  CEO Jacob Stedman called it a historic first for Sweden, and linked the technology to meeting AI and electrification demand...
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Jun 29, 2026 / Tyler Durden
Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah
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Jun 25, 2026 / Tyler Durden
Heat Dome Sends European Power Prices Soaring
Heat Dome Sends European Power Prices Soaring An intense heat wave continues to bake France and parts of Europe, with temperatures surging well above the 30-year average for this time of year. Welcome to summer.  They think we are stupid, that our memories cannot stretch back to when life was normal, and when our lives were not based on fear... Summer, it gets hot, Winter it gets cold... It's NORMAL. https://t.co/hYHvZ3dI2w — 🇨🇭🏴󠁧󠁢󠁥󠁮󠁧󠁿InLucysHead🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭© (@InsideLucysHead) June 24, 2026 In France, the average daily temperature reached 85.6F on Tuesday, according to Météo-France, while Pissos in southwest France...
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Jul 30, 2026 / Tyler Durden
South Korea Has Several Market Rescue Options As Crash Crushes 700,000 Retailer Traders
South Korea Has Several Market Rescue Options As Crash Crushes 700,000 Retailer Traders South Korean market authorities are weighing a more aggressive plan to stabilize the Kospi after July's record selloff sent the main equity index slicing through its 50-, 100- and 200-day moving averages like butter. At the center of the meltdown is retail participation in leveraged ETFs tied to Samsung Electronics and SK Hynix, which amplified the selloff and inflicted crushing losses on Korean households. Korean trader had a $5 million stock portfolio ALL IN Samsung and Hynix. It ended very...
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