EU to Invest 241 Billion
Photo: John Thys/AP/TT

EU to Invest 241 Billion Euros in Nuclear Power by 2050

Member countries in the EU will need to invest 241 billion euros – roughly 2,600 billion Swedish kronor – in renovating and building nuclear power plants by 2050.

The European Commission calculates this in a new report, where it at the same time calls for faster licensing processes but also increased efforts to develop facilities that handle nuclear waste.

“Nuclear power has a role to play in building a resilient and clean energy sector,” states energy commissioner Dan Jørgensen in a press release.

The commission estimates that the amount of energy from nuclear power in the EU will increase by around ten percent from 2025 to 2050.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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