EU to Invest 241 Billion Euros in Nuclear Power by 2050

» Published: June 13 2025

EU to Invest 241 Billion Euros in Nuclear Power by 2050
Photo: John Thys/AP/TT

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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.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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