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Fortum has signed a framework agreement with Steady Energy to provide nuclear expert services for the development of the LDR-50 small modular reactor for district heating. Fortum will invest EUR 2.1 million to support the reactor's development and may offer operation and maintenance services in Finland and Sweden.

The partnership aims to advance low-emission district heating and leverage Finland's nuclear expertise. Steady Energy's LDR-50 reactor, designed for heat production, is set to begin construction in 2029, pending regulatory approval. The agreement builds on previous collaborations and emphasizes the potential of small nuclear technology in energy transition.