The european nuclear industry welcomes the inclusion of nuclear under REPowerEU
May 20, 2022

The european nuclear industry welcomes the inclusion of nuclear under REPowerEU

According to the European Commission’s REPowerEU Plan, nuclear will have a role to play in ensuring security of EU energy supplies. Furthermore, the Commission recognises that hydrogen produced from nuclear will act as a substitute for natural gas.

The European Commission recognises that hydrogen produced from nuclear will act as a substitute for natural gas

As rightly pointed out in the plan, stopping the phase out of nuclear power plants can help to reduce the EU’s dependence on Russian gas,” states Yves Desbazeille, FORATOM Director General. “Furthermore, the Commission makes clear that this will also bring economic benefits, as it will lead to lower investment costs. Given this, we firmly believe that one of the best ways of ensuring security of supply and lower investment costs today is to keep as many nuclear power plants running for as long as possible.”, he adds.

The european nuclear industry welcomes the inclusion of nuclear under REPowerEU
Yves Desbazeille, FORATOM General Director

FORATOM: One of the best ways of ensuring security of supply and lower investment costs today is to keep as many nuclear power plants running for as long as possible

Relying on massive imports of renewable hydrogen from outside of Europe to meet our demands will not solve our import dependency issues. We need to focus on increasing production of low-carbon hydrogen in Europe. The best way of achieving this is through an electricity mix made up of nuclear and renewables”, notes Mr Desbazeille.

FORATOM: We need to focus on increasing production of low-carbon hydrogen in Europe. The best way of achieving this is through an electricity mix made up of nuclear and renewables

As noted in the communication, Member States currently dependent on Russia for nuclear fuel are encouraged to look at options for diversification. In this respect, the industry is already in discussion with, for example, the Euratom Supply Agency and fuel manufacturers to identify alternatives to Russian uranium and fuels.

Indeed, external supply dependencies affect all technologies, in particular those with a high (critical) raw material footprint such as some renewables. The EU needs to make sure that its plans do not lead to a massive dependency on imports of such materials which could trigger another wave of security of supply issues and potentially higher costs for consumers. Hence the need to implement a low-carbon energy strategy which makes the most of EU energy resources, such as nuclear.

Source: FORATOM