Image default
Greek News

Europe nuclear plants “need 500 bn euro investment by 2050: EU commissioner

The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published at the weekend.

“Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. And new generation ones will need 500 billion!” Thierry Breton told the Journal du Dimanche newspaper.

Breton also argued that an EU plan to label energy from nuclear power and natural gas as “green” sources for investment was a vital step towards attracting that capital.

The EU is consulting its member states on that proposal, with internal disagreement on whether the power sources truly qualify as sustainable options.

France has led the charge for nuclear power – its main energy supply – to be included, despite robust opposition from Austria and scepticism from Germany, which is in the process of shutting all its nuclear plants.

The proposal says the EU Commission “considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future”.

See Also:

Comedian Bob Saget dead at 65

Currently the bloc gets 26 percent of its energy from nuclear power, but Breton estimated that by 2050, that would be reduced to around 15 percent.

The proposal also states that for nuclear power, appropriate measures should be put in place for radioactive waste management and disposal.

And it calls for the building of new nuclear power plants to be conditioned on permits given out before 2045, while work to extend the functioning of existing plants would need to be authorised before 2040.

Source: yahoo

Σχετικα αρθρα

Staikouras for exit of Greece from Enhanced Supervision: “A great national goal has been achieved”

admin

An $8.2 billion “smart city” twice the size of Central Park is rising in Greece complete with luxury homes for sale at NY prices (photos)

admin

Cyprus: Rumors of a huge hydrocarbon deposit in the Block 6 – Nothing to announce yet says the government

admin

Greece is becoming the new hub for hydrogen in Europe

admin

iPhone, Services Help Apple Weather Global Headwinds (infographic)

admin

Imports Play a Major Role in EU Carbon Footprints (infographic)

admin

LNG in Europe: Ready or Not? (infographic)

admin

EU should get ready for complete shut down of Russian gas, EC head warns

admin

The World’s Highest-grossing Companies (infographic)

admin

Why People Are Quitting Their Jobs (infographic)

admin

Dear entrepreneur, here are 15 powerful quotes by Elon Musk

admin

European gas prices soar after Russia deepens supply cuts

admin