European business nuclear alliance launched

Wednesday, 12 February 2025

European business nuclear alliance launched
(Image: Medef)

Composed of 14 signatory federations, with 19 nationalities represented, the alliance is “a mobilisation of economic actors to defend the place of nuclear energy within the European Union and make Europe a decarbonised, competitive and sovereign economic power”, said France’s Medef, which initiated the alliance.

Its other members include: Belgium’s VOB FEB, the Bulgarian Industrial Association, Croatia’s HUP, the Confederation of Industry of the Czech Republic, Danish Industry, Confederation of Finnish Industries, Confederation of Hungarian Employers and Industrialists, Italy’s Confindustria, Polish Confederation Lewiatan, Romania’s Concordia, Slovakia’s National Union of Employers, and Confederation of Swedish Enterprise. The Confederation of British Industry is also a member, although its listing says its signature is “relevant for all non-EU related topics”.

“With the global race to develop clean technologies intensifying, Europe must deepen and expand its investments in strategic value chains to cement its position as a climate leader and defend its economic potential,” says. “A diverse set of solutions and technologies are needed in the face of intensifying decarbonisation demands and competitiveness pressures.

“Nuclear energy is one of these critical levers, complementing renewable energy and other clean solutions and ensuring businesses have access to a competitive, stable, and predictable supply of decarbonised energy. Scaling up investment, driving innovation in advanced technologies and strengthening the circular economy offer a strategic opportunity to consolidate the nuclear value chain alongside other key clean industrial sectors, fostering competitiveness and resilience at the European level.”

The declaration says the signatories “welcome the new momentum for nuclear energy that is emerging at European level, including the recognition of the role of nuclear energy at EU level in the Net Zero Industry Act, 2040 Climate objective Communication, as well as the launch of the SMR Industrial Alliance”. However, they say, “it is time for Europe to build on these breakthroughs and go further”.

The alliance has identified four focus areas, which it says are in alignment with the development of the Clean Industrial Deal and in anticipation of the next milestones for meeting European economic and climate objectives. These are: providing a clear and supportive institutional framework, removing barriers and fully implementing technology neutrality; securing access to private and public funding; accelerating the industrialisation of the sector and fostering a robust nuclear ecosystem in Europe; and supporting the development and renewal of skills.

“Nuclear energy cannot remain on the sidelines of European strategies,” the declaration says. “On the path to a decarbonised economy and energy system, all technologies that result in the reduction of emissions must be deployed. It is now urgent to set up the framework and the concrete actions for a transition that fully leverages the complementarity between nuclear, renewable energies and other low-carbon technologies.”

   

  • Related Posts

    Bulgarian repository officially opened

    According to the Ministry of Energy the new national repository will consist of 66 reinforced concrete structures with a total capacity of 19,000 containers – or 138,200 cubic metres – of…

    Outer dome installed at Changjiang unit 4

    The dome – measuring 52 metres in diameter, 12 metres in height and weighing about 415 tonnes – was hoisted into place on top of the containment building using a…

    Have You Seen?

    Marine methanol-to-hydrogen system set for installation on large yacht

    • April 16, 2026
    Marine methanol-to-hydrogen system set for installation on large yacht

    BofA Flags Gas Price Surge but No Pullback in Discretionary Spend

    • April 16, 2026
    BofA Flags Gas Price Surge but No Pullback in Discretionary Spend

    Norway’s Oil Export Earnings Surge 68% Amid Iran War

    • April 16, 2026
    Norway’s Oil Export Earnings Surge 68% Amid Iran War

    Pakistan Army Chief in Tehran to Push Renewed Talks

    • April 16, 2026
    Pakistan Army Chief in Tehran to Push Renewed Talks

    Trump Threatens To Fire Powell If He Stays Beyond May

    • April 16, 2026
    Trump Threatens To Fire Powell If He Stays Beyond May

    Trump Issues Several Pipeline Permits for US-Canada Oil Transportation

    • April 16, 2026
    Trump Issues Several Pipeline Permits for US-Canada Oil Transportation

    Permian-Focused EagleRock Plans Rare US Oil and Gas IPO, Sources Say

    • April 16, 2026
    Permian-Focused EagleRock Plans Rare US Oil and Gas IPO, Sources Say

    Iran Offers Proposal Allowing Ships to Exit Oman Side of Hormuz Free of Attack, Source Says

    • April 15, 2026
    Iran Offers Proposal Allowing Ships to Exit Oman Side of Hormuz Free of Attack, Source Says

    White House Denies U.S. Requested Ceasefire, Says New Talks May Happen in Pakistan

    • April 15, 2026
    White House Denies U.S. Requested Ceasefire, Says New Talks May Happen in Pakistan

    China Considers Cuts to Solar Equipment Exports to U.S.

    • April 15, 2026
    China Considers Cuts to Solar Equipment Exports to U.S.