But the government reckoned without Sydkraft, the country's largest independent power generator, which is fighting the decision on all fronts.

ECONOMIST: Energy policy: A nuclear waste | The

Hartmann has big stakes in two Swedish utilities -- Sydkraft and Graningewerke.

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The government has proposed a mix of conservation, natural gas and non-hydro renewables to replace Barseback's power. (Large-scale hydro development was ruled out in the 1970s for environmental reasons.) None meets Sydkraft's criteria.

ECONOMIST: Energy policy