EUROPEAN COMMISSION COSTS POTENTIAL NUCLEAR ENERGY INVESTMENT; PROMISES TO PROTECT DIVERSITY IN FUEL SUPPLY

A COST of maintaining nuclear generation capacity of between 95 GWe and 105GWe in the European Union (EU) until 2050 and beyond will cost between EUR350 and EUR450 billion over the next 35 years, the European Commission has concluded. (That is between USD398 billion and USD511 billion at current exchange rates). This would replace 90% of the EU’s existing nuclear power capacity, and would, predicted the EU executive, probably involve the use of advanced reactors, such as EPR, AP 1000, VVER 1200, ACR 1000 and ABWR. Since new nuclear plants are designed to ...


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