October 31st, Stockholm, Sweden
Blykalla and leading global engineering company ABB have signed a Memorandum of Understanding (MoU) to develop advanced nuclear reactor technology, with the aim of supporting Sweden’s efforts to produce clean and reliable baseload energy. The collaboration will initially concentrate on constructing an electrical SMR pilot facility near the coastal town of Oskarshamn, approximately 340 km south of Stockholm, to test proof of concept before expanding to future plants.
Within the scope of the MoU, ABB will explore how its automation, electrification and digitalization solutions can support Blykalla’s SMR prototype SEALER-E, which features an electric lead-cooled reactor. This includes cyber security frameworks to ensure compliance with nuclear safety regulations.
ABB’s expertise of power distribution, control and automation technologies, as well as system integration, will lay the groundwork for a successful deployment of advanced nuclear technologies as part of the collaboration.
“We are excited to welcome ABB as a partner and to benefit from the in-depth expertise they can bring to this SMR project,” said Jacob Stedman, CEO of Blykalla. “We see strong momentum in Sweden for nuclear power in general, and SMRs in particular. This is why we look forward to bringing our technology to market as part of efforts to enable the transition to a net zero future.”
Nuclear power reactors provide about 30 percent of Sweden’s electricity. In November 2023, the country’s government unveiled a roadmap to expand nuclear energy, increasing new capacity corresponding to two large-scale reactors (2,500 MW) by 2035 and building up to 10,000 MW by 2045, which could include SMRs. This supports the goal of a completely fossil-free electricity system.
“We are proud to build a partnership with Blykalla and use our automation and electrification knowledge to support the role of SMRs in producing clean electricity and driving decarbonization.”
“The energy transition is one of the greatest challenges but also opportunities of our time and at ABB we are in favor of all low-carbon energy sources including nuclear,” said Per Erik Holsten, President of ABB Energy Industries. “We are proud to build a partnership with Blykalla and use our automation and electrification knowledge to support the role of SMRs in producing clean electricity and driving decarbonization.”
According to the International Energy Agency (IEA), nuclear power plays an important role in helping the energy sector move away from fossil fuels faster and in a more secure way, complementing renewable sources like wind and solar. SMRs offer lower capital costs and enhanced safety and flexibility in deployment in comparison with conventional nuclear power plants. They could also reuse the sites of retired fossil fuel power plants, taking advantage of existing transmission, cooling water and skilled workforces.
ABB’s Process Automation business automates, electrifies and digitalizes industrial operations that address a wide range of essential needs – from supplying energy, water and materials, to producing goods and transporting them to market. With its ~20,000 employees, leading technology and service expertise, ABB Process Automation helps customers in process, hybrid and maritime industries improve performance and safety of operations, enabling a more sustainable and resource-efficient future. go.abb/processautomation
ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and more than 105,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com
Blykalla is developing and building small modular reactors to deliver the next generation of clean energy. The innovative SEALER reactor utilizes liquid lead cooling and features unique safety elements and proprietary innovations. The company aims to provide necessary baseload energy to enable a complete transition to a fossil-free future and is actively collaborating with global partners to deliver Sweden’s next nuclear reactor within this decade. www.blykalla.com
For more information, please contact:
Communications Manager Blykalla
Alexandra Wyler
Phone: +46 768 61 73 73
Email: alexandra.wyler@blykalla.com
Blykalla AB
Sveavägen 32
111 34 Stockholm
Sweden
