Europe’s Nuclear Power Puzzle | OilPrice.com

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EU member states hold divergent views on the inclusion of nuclear power in the green energy transition, hindering consensus.

Despite the inclusion of nuclear power in the EU rulebook under the green taxonomy, many countries continue to disagree on the use of nuclear energy and the development of new projects. And a divide means delays. In May this year, the EU was expected to finalize a new target to source from renewable sources by 2030, an increase from the previous goal of 32 percent.

In April, Germany closed the doors to its last three nuclear power plants, after a nuclear history of around 60 years. Many Germans argue that an overreliance on nuclear energy could distract from the development of renewable energy operations. However, others believe it is a vital source of low-carbon energy. The government saw to keep nuclear plants running, at least while the current energy crisis is still threatening the country’s energy security. But it went ahead with the closures.

Several of Europe’s emerging economies have stated their support for nuclear power. By the beginning of the year, there were in Hungary, Czechia, Poland, Slovakia, and Romania, in addition to tentative plans for small modular reactors across the region from the 2030s. With strong expectations that these states should both reduce their dependence on Russian energy as well as support an accelerated green transition, they believe that nuclear power is key to their energy security.

 

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