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EU Will Need $280 Billion Investment to Boost Nuclear Energy
22 Articles
22 Articles
The European Commission has revealed that the expansion of nuclear power in the countries of the European Union will require a colossal investment of 241 billion euros, about 278 billion dollars. These funds will be essential to increase the nuclear power capacity from 98 gigawatts today to 109 gigawatts by 2050. According to the original report, this ambitious plan involves not only the construction of new nuclear power plants, but also the ext…
Extension of the lifespan of existing reactors, construction of new large-scale reactors... The countries of the Union are increasingly turning towards the atom.
European Union countries' plans to expand nuclear energy will require 241 billion euros of investment and new financing instruments to make these costs less risky for private investors.
EU Will Need $280 Billion Investment to Boost Nuclear Energy
The plans of many EU countries to boost nuclear power capacities will need an investment of as much as $278 billion (241 billion euros), according to estimates by the European Commission. Many EU countries have drafted plans to increase nuclear power capacity or even return to nuclear energy after decades of no nuclear generation, as they look to reduce imports of fossil fuels and meet emissions reductions and net-zero goals with more nuclear po…
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