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GE Vernova Finds Its Footing In Sweden With Studsvik After Loss To Rolls Royce
GE Vernova Finds Its Footing In Sweden With Studsvik After Loss To Rolls Royce
Swedish nuclear life-cycle services company, Studsvik AB, announced an agreement with GE Vernova Hitachi (GVH) and Samsung C&T for 1.2 GW of new nuclear energy in Sweden.
Project developer Studsvik selected the GVH boiling water reactor design, the BWRX-300, to be constructed by Samsung C&T. The consortium is targeting first-unit operation in the mid-2030s.
The project location is still undetermined. It'll be developed at either Studsvik's existing licensed nuclear site in Nyköping, or Målma in Valdemarsvik.
This latest project...
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Jul 19, 2026 / Tyler Durden
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By Peter Tchir of Academy Securities
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Steve Eisman: What If OpenAI Actually Fails?
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Steve Eisman has spent most of the years since the financial crisis being asked, in his words, to predict the end of the world. In his latest weekly wrap - recorded Thursday night as the 10-year brushed 4.8%, he says he's still not there on AI, but if he were - he lays out exactly how it would happen.
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