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EU Reintroduces Nuclear Energy with €330M Investment Amid Crisis

4/4/2026

Summary

Story summary

The European Union plans to reintroduce nuclear energy as a key component of its energy strategy amid a global energy crisis, aiming to deploy small modular reactors by the early 2030s.
The European Union targets a capacity of up to 53 GW by 2050 and backs the effort with a €330 million investment package.
Germany, which previously phased out nuclear power, is reconsidering its stance because of rising energy costs.
France remains a strong advocate for nuclear energy, emphasizing its role in energy independence and climate goals, while aging reactors and competition from renewables pose challenges.

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Story summary

The European Union plans to reintroduce nuclear energy as a key component of its energy strategy amid a global energy crisis, aiming to deploy small modular reactors by the early 2030s.
The European Union targets a capacity of up to 53 GW by 2050 and backs the effort with a €330 million investment package.
Germany, which previously phased out nuclear power, is reconsidering its stance because of rising energy costs.
France remains a strong advocate for nuclear energy, emphasizing its role in energy independence and climate goals, while aging reactors and competition from renewables pose challenges.