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EU Commission says member states will need to invest €241 billion until 2050 in nuclear energy

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Brussels, 14 June 2025, dtt-net.com – The executive body of the European Union, said Friday member states will need to invest the amount for both lifetime extensions for lifetime extensions of existing reactors and the construction of new large-scale reactors, as well as for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for the longer-term future, in view of decarbonisation and competitiveness goals of the European bloc.

“Nuclear installed capacity across the EU is projected to grow from 98 GWe in 2025 to 109 around GWe by 2050. Crucially, all zero and low carbon energy solutions are needed to decarbonise the EU’s energy system,” the European Commission (EC) said.

“To truly deliver the clean energy transition, we need all zero- and low-carbon energy solutions. Nuclear energy has a role to play in building a resilient and cleaner energy system. Ensuring the necessary framework conditions will allow the EU to keep its industrial leadership in this sector while also upholding the highest safety standards and responsible management of radioactive waste,” the European Commissioner for Energy and Housing, Dan Jørgensen said.

According to the EC estimates, over 90% of electricity in the European bloc in 2040 will be produced mainly by renewables and nuclear energy.

In 2023, nuclear power plants in 13 EU countries produced 22.8% of EU electricity

Last month, the EC presented the REPowerEU roadmap, setting out a steps to be taken by member states to gradual phase out of Russian gas, oil and nuclear energy imports.

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