European hyperscaler evroc, nuclear developer Blykalla and nuclear power services provider Studsvik have signed a Memorandum of Understanding (MoU) to explore the development of Sweden’s first nuclear-powered data centers at Studsvik’s licensed nuclear site in Nyköping.
Blykalla says it is developing advanced lead-cooled nuclear reactors "to deliver safe, cost-effective, and sustainable baseload energy", evroc is building hyperscale cloud and AI infrastructure to power Europe’s digital future, and Studsvik operates a licensed nuclear site in Nyköping and provides lifecycle services for the nuclear sector, including fuel, materials, and waste management.
Together, they want to accelerate the deployment of nuclear-powered data centers, driven by the parallel demands of AI and electrification. With this agreement, the parties aim to establish Sweden as a frontrunner in this global shift, leveraging Studsvik’s licensed site, evroc’s digital infrastructure, and Blykalla’s advanced SMR technology.
Building a climate-neutral digital infrastructure
“The ever-growing demand for AI underscores the urgent need to rapidly deploy massive hypserscale AI infrastructure. Through our collaboration with Blykalla and Studsvik, we are exploring a model where Sweden can lead in building climate-neutral digital infrastructure," comments Mattias Åström, Founder and CEO of evroc.
“This collaboration is an opportunity for Sweden to be a leader in digital infrastructure. lt allows us to demonstrate how SMRs can provide the stable, fossil-free energy that is required for the AI revolution,” says Jacob Stedman, CEO of Blykalla. “Studsvik’s site and evroc’s ambitions offer the right conditions for a groundbreaking project.”
“Studsvik’s provides a unique platform of site infrastructure and unique competence to combine advanced nuclear with next-generation industry. This MoU is an important step in evaluating how such synergies can be realized in Sweden,” comments Karl Thedéen, CEO of Studsvik.
The MoU sets out a framework for collaboration between the three parties. The goal is to assess the commercial and technical viability of co-locating data centers and SMRs at Studsvik licensed site, engage with municipalities and landowners, and define what a future commercial power purchase agreement structure could look like.
The parties will establish a joint steering committee to evaluate the site and business model, with the goal of entering formal partnership negotiations later this year.
