Edition: International | Greek
MENU

Home » EU Actually

Nuclear energy alongside renewables in NZIA

In spring, the European Commission presented its proposal for the Net-Zero Industry Act

By: N. Peter Kramer - Posted: Wednesday, December 13, 2023

Now, the Council and the European Parliament officially support nuclear power. A significant victory for the sector!
Now, the Council and the European Parliament officially support nuclear power. A significant victory for the sector!

N. Peter Kramer’s Weekly Column

In spring, the European Commission presented its proposal for the Net-Zero Industry Act (NZIA). The act aimed to boost EU’s capacity to manufacture technologies considered vital to reach climate neutrality by 2050. Nuclear power was listed but not as ‘strategic’ to achieving climate neutrality as for example renewables.

France and 8 other memberstates (Bulgaria, Croatia, Czechia, Hungary, Poland, Romania, Slovakia and Slovenia) strongly supported the importance of nuclear power and its financing at the EU level.

December 7, the EU Council of ministers decided to add nuclear power to the list of ‘strategic’ technologies as part of the ‘general approach’ to the NZIA. Germany, Austria and Luxembourg tried unsuccessfully to block this. The Council followed with its decision the European Parliament that last months added nuclear power alongside renewables.

The Luxembourg minister said he ‘regrets that nuclear technologies are considered strategic’. On the German side, the pill is harder to swallow. Years ago, then Bundeskanzlerin Angela Merkel banned nuclear energy completely from the German list; the current national German energy policy is based on her decision.

Now, the Council and the European Parliament officially support nuclear power. A significant victory for the sector!

READ ALSO

EU Actually

VDL: Commission President and Candidate

N. Peter KramerBy: N. Peter Kramer

A week ago, at a press conference, Commission President von der Leyen nixed talk about the next step for Ukraine’s membership of the EU before this June’s EU Parliamentary elections

View 04/2021 2021 Digital edition

Magazine

Current Issue

04/2021 2021

View past issues
Subscribe
Advertise
Digital edition

Europe

Map: farmers protests lead to concessions almost everywhere

Map: farmers protests lead to concessions almost everywhere

Since the start of 2024, farmers have been demonstrating in almost every European country, winning concessions from national governments and opening the debate on measures at the EU level

Business

Artificial intelligence and competitiveness in the retail sector

Artificial intelligence and competitiveness in the retail sector

The importance of AI and machine learning in the retail market is confirmed by the projected dramatic growth of AI services worldwide, which will skyrocket from $5 billion to $30 billion by 2030

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2024. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron