EU Backs Efforts to Kickstart Rollout of Mini Nuclear Plants
- Bloc wants to roll out the nuclear technology in the 2030s
- SMRs can help the EU to hit 2040 climate goals, draft shows
The core module of a small modular reactor in Hainan, China.
Photographer: Luo Yunfei/China News Service /Getty Images
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The European Union is stepping up efforts to roll out small modular nuclear reactors in the next decade as it seeks to tap atomic power to help meet net-zero targets.
The European Commission is due to unveil its European Industrial Alliance on SMRs next month to encourage collaboration in a sector that has yet to get off the ground, according to a draft declaration seen by Bloomberg News. The technology can make a “key contribution” to the bloc’s new target to cut emissions 90% by 2040, which is set to be adopted on Feb. 6.