Nuclear development in the West needs new, better financing models

June 30, 2022, 12:03PMANS Nuclear Cafe

The prospects for new nuclear energy construction in the Western world is the subject of a recent The Economist article, “Energy security gives climate-friendly nuclear-power plants a new appeal.” The article also explores the difficulties that EDF Energy has been experiencing in constructing its EPRs in Europe.

Latest stats on nuclear energy in Europe released by nucleareurope

June 14, 2022, 8:39AMANS Nuclear Cafe

The Brussels-based nuclear energy trade association nucleareurope has published its latest Infographics, containing a variety of facts and figures on the use of nuclear energy in Europe. Some of the many interesting bits of information in the publication are highlighted below.

Foratom offers advice on improving EU taxonomy proposal

January 12, 2022, 12:00PMNuclear News

Foratom, the Brussels-based trade association for the European nuclear industry, wrote a letter yesterday to the European Commission welcoming the EC’s recent proposal to include nuclear in the EU taxonomy (under certain conditions), but also offering some suggestions for the proposal’s improvement.

The taxonomy is the European Union’s classification system for directing investments toward environmentally sustainable economic projects. On December 31, the EC’s nuclear-inclusive proposal was sent to expert panels from EU member states, with a response deadline of today. At a news briefing yesterday, however, an EC spokesperson announced an extended deadline of January 21.

Draft proposal includes nuclear in EU taxonomy

January 5, 2022, 9:30AMNuclear News

France and other pronuclear European Union members appear to be winning the argument with their antinuclear neighbors—Germany, most prominently—regarding whether to add nuclear energy to the EU taxonomy, the classification system used to direct investments toward environmentally sustainable economic projects.

On January 1, the European Commission released a 60-page draft proposal that includes nuclear and natural gas in the taxonomy. Also, in a related press release, the EC said that it has begun consultations with EU members “on a draft text of a Taxonomy Complementary Delegated Act covering certain gas and nuclear activities.”

The Economist on nuclear: “France says it is green. Germany says it isn’t. France will win.”

November 3, 2021, 9:30AMANS Nuclear Cafe
(Source: Peter Schrank/The Economist)

“Where nuclear power was once a source of unity for Europe, today it is a source of discord.” So states The Economist’s October 30 “Charlemagne” column—a regular source of commentary on European politics in the weekly publication—before deftly dissecting nuclear power’s continental divide and picking a winner.

European ministers to EC: “We need nuclear”

October 20, 2021, 6:59AMANS Nuclear Cafe
Flags in front of the European Commission building in Brussels. (Image: Sébastien Bertrand)

Sixteen ministers from 10 European Union member states argue for adding nuclear energy to the EU taxonomy in a joint letter published last week in leading European newspapers and sent to the European Commission.

IAEA and European Union extend nuclear safety agreement

September 27, 2021, 7:00AMNuclear News
The EU’s Massimo Garribba (left) and the IAEA’s Lydie Evrard met at last week’s 65th IAEA General Conference to extend a 2013 cooperation agreement. (Photo: C./Silva Villareal)

Some of the major achievements of the nuclear safety cooperation agreement between the International Atomic Energy Agency and the European Union (EU) include more than 100 nuclear safety review missions, environmental remediation at former uranium sites in Central Asia, and more effective radioactive waste management in Africa.

Group pans Spain’s call to exclude nuclear from EU taxonomy

July 22, 2021, 3:00PMANS Nuclear Cafe
Iberdrola’s Cofrentes plant, in Valencia. All of Spain’s reactors are to be retired by 2035. (Photo: Foro Nuclear)

Foro Nuclear, a Madrid-based association representing the interests of Spain’s nuclear sector, is not at all happy with its government’s involvement in a letter sent late last month to the European Commission calling for the exclusion of nuclear energy from the European Union taxonomy. (The taxonomy is a classification system establishing a list of environmentally sustainable economic activities for the EU.) Signing the letter were Spain’s minister for ecological transition and minister for the economy, as well as ministers from Austria, Denmark, Germany, and Luxembourg.

EU lawmakers call on EC to recognize nuclear as sustainable

July 13, 2021, 9:30AMNuclear News
The hemicycle of the European Parliament in Strasbourg. Photo by DAVID ILIFF.

Eighty-seven members of the European Parliament sent a letter to the European Commission last week to lobby for the addition of nuclear energy to the EU taxonomy, the purpose of which is to direct investments toward environmentally sustainable economic projects to meet the European Union’s climate change mitigation and energy-mix targets.

Euratom program receives EC funding

July 9, 2021, 12:38PMNuclear News
Flags in front of the European Commission building in Brussels. (Image: Sébastien Bertrand)

The European Commission last week adopted the Euratom Work Programme 2021–2022, implementing the Euratom Research and Training Programme 2021–2025, a complement to Horizon Europe, the European Union’s key funding program for research and innovation.

Two EU reports on nuclear sustainability not entirely on same page

July 7, 2021, 1:00PMNuclear News
The headquarters of the European Commission in Brussels, Belgium.

Two reports submitted last week to the European Commission to help it decide whether to include nuclear energy in the “EU taxonomy”—a classification system establishing a list of environmentally sustainable economic activities for the European Union—could end up prolonging the decision-making process, as the reports are not in full agreement on the matter.

EU Taxonomy to Include Nuclear Energy as Sustainable Energy Source ANS Position

December 21, 2020, 10:25AMPress ReleasesCraig Piercy

A PDF version of the letter can be downloaded here.

I write on behalf of the American Nuclear Society (ANS) to recommend the EU’s inclusion of nuclear energy as a sustainable energy source securing Europe’s prosperous future. ANS and the 10,000 nuclear technology professionals it represents are committed to advancing, fostering, and promoting the development and application of nuclear sciences and technologies to benefit humanity.

Foratom responds to EC snub of nuclear power

June 3, 2020, 9:17AMNuclear News

The European Commission released a plan for rejuvenating Europe’s pandemic-damaged economy, including a green energy program that calls for “rolling out renewable energy projects, especially wind [and] solar, and kick-starting a clean hydrogen economy.” No mention was made of nuclear energy, however, an omission for which the commission was taken to task that same day by Foratom, the Brussels-based trade association for the European nuclear energy industry.