The European Commission has estimated that EUR 241 billion in investment is needed for the implementation of member states’ plans for nuclear energy until 2050. It includes extending the lifetime of existing power plants and building new large-scale reactors. Additional investment is needed for small modular reactors (SMRs), advanced modular reactors (AMRs), and microreactors, as […]
France’s state-owned power utility Électricité de France (EDF) is investigating apparent corrosion cracks found at a 1.5 GW nuclear reactor in the country’s west, which has been offline for annual maintenance since early April. The potential defect has pushed up electricity prices and raised concerns about energy security. EDF, which manages France’s nuclear fleet of […]
The World Bank has decided to end its 2013 moratorium on financing nuclear energy projects amid growing global electricity demand. The move means the lender would support projects to extend the operating life of existing nuclear power plants and speed up the rollout of small modular reactors (SMRs). The World Bank board’s decision comes at […]
Slovenian non-governmental organization Mladi za Podnebno Pravičnost (Youth for Climate Justice) has conducted what it claims to be the first independent economic study on the construction of a second unit of the Krško nuclear power plant. The economic study on the Krško 2 project (JEK2) showed that the project would not be profitable for a […]
Energy transition in Southeastern Europe is accelerating, and the progress depends on individual countries’ strategies and legal frameworks. At the Belgrade Energy Forum (BEF 2025), representatives of state-owned power utilities and private producers discussed the different approaches to decarbonization. The domination of investments in renewable energy is unquestionable, but there are also ambitions to develop […]
The preliminary study on the use of nuclear energy in Serbia should be completed by the end of the second quarter, according to Dubravka Đedović Handanović, the Minister of Mining and Energy. A preliminary technical study for considering the peaceful use of nuclear energy is being prepared by French state-owned energy utility EDF and engineering […]
The European Commission set out a plan to phase out by the end of 2027 the purchases of Russian natural gas, including in the form of LNG, and oil. The package includes proposals aiming to replace Russian nuclear fuel and materials as well. The European Union will end its dependency on Russian energy by stopping […]
Croatian and United States officials have discussed the possibilities for energy cooperation to diversify the energy supply in Central and Southeastern Europe. Croatia has expressed particular interest in joint work in the nuclear energy sector. On the sidelines of the 10th summit meeting of the Three Seas Initiative, held in Warsaw, Croatian Prime Minister Andrej […]
Minister of Energy of Romania Sebastian Burduja and Minister of Energy of Bulgaria Zhecho Stankov both met with United States Secretary of Energy Chris Wright and discussed bilateral cooperation in projects in their countries including for pumped storage hydropower plants and nuclear power plants. Burduja said studies would be conducted with American support for a […]
The 2030 Industry and Technology Strategy includes setting up industrial facilities in Turkey for nuclear energy, green hydrogen, battery storage and carbon capture and storage (CCS). The country is planning to establish a value chain for critical raw materials. The government vowed to support the development of semiconductor technology, autonomous and flying vehicles and cybersecurity […]
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