Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
UKMTO says vessel reported a small craft colliding with it, attempting to collide with other vessels in the area
UKMTO says it received a report of an incident 80NM northwest of jebel Ali, UAE
Israeli Foreign Minister says 'Israel' fully endorses Trump plan for Gaza aid: Reuters
Iranian state media: The fourth round of nuclear talks between Tehran and Washington has kicked off in Oman
Senior Israeli intelligence official: Contacts are underway between Syria and "Israel" to retrieve the body of the spy Eli Cohen
Reuters: US and Chinese officials met again in Geneva to resume trade talks
Al Mayadeen's envoy: The process of uranium enrichment is the main obstacle in the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: If we see that the other party deviates from the agreed-upon frameworks, we will not continue the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: Iran is ready to reassure all parties that its nuclear program will remain peaceful
Araghchi: Iran's position on its right to a nuclear program is firm, but we are ready for greater transparency and hope that the other side's approach will be clear

500 billion euro investment for Europe nuclear plants

  • By Al Mayadeen Net
  • Source: Agencies
  • 9 Jan 2022 08:57
2 Min Read

The European Union will need to invest billions in new generation nuclear power plants by 2050.

  • x
  • Europe nuclear plants 'need 500 billion euro investment'
    Nuclear power provides 26% of the EU's energy.

By 2050, the European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power plants, according to the bloc's internal market commissioner in an interview published over 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 the EU's plan to label nuclear energy and natural gas as "green" sources of investment was a critical step toward attracting that capital.

The EU is consulting its member states on that proposal, and there is internal disagreement about whether the power sources are truly sustainable.

Related News

Trump seeking 'direct talks' with Iran regarding nuclear deal

Iran warns US, 'Israel': Any attack to compel nuclear bomb production

Despite strong opposition from Austria and skepticism from Germany, which is in the process of shutting down all of its nuclear plants, France has led the charge for nuclear power to be included.

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."

Currently, nuclear power provides 26% of the EU's energy, but Breton estimates that by 2050, this figure will be reduced to around 15%.

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

It also calls for the construction of new nuclear power plants to be contingent on permits being issued before 2045, while working to extend the operational life of existing plants to be authorized before 2040.

  • European Union
  • Nuclear Power

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

Pakistan downs 3 Indian jets, hits military base in Kashmir escalation

  • Politics
  • 7 May 2025
A Yemeni gunman walks past paintings depicting rockets and scenes in solidarity with Gaza, displayed on a roadside fence in Sanaa, Yemen, Monday, May 5, 2025 (AP)

Oman brokers US-Yemen ceasefire, Israelis in dark regarding deal

  • Politics
  • 6 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Lindsay Hoyle kept nearly 300 gifts as Commons Speaker
Politics

300 gifts later, Speaker Hoyle sparks questions on MPs gifts rules

Echoes of nuclear safety in the age of artificial super intelligence
Technology

AI firms urged to calculate catastrophe odds like Oppenheimer

UK Lawyers for Israel under fire over Gaza obesity remarks
Europe

Advocacy group slammed for calling Gaza starvation a fix for obesity

Rep. Bonnie Watson Coleman, D-N.J., speaks with an officer demanding she be let into the ICE Detention office after the arrest of Newark Mayor Ras Baraka, Friday, May 9, 2025, in Newark, N.J. (AP)
Politics

Tensions escalate: DHS may arrest Congress members over ICE incident

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS