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

    NASA, DOE join forces for ‘new era’ of space technologies

    The MoU, titled “Accelerating American Leadership in Space Nuclear Power and Propulsion”, was signed on 8 October by NASA Administrator Jared Isaacman and US Secretary of Energy Chris Wright at…

    Hanhikivi-1 termination decision cases ‘to continue’

    According to Strana Rosatom, the in-house publication of Russia’s state nuclear corporation Rosatom, Director General Alexey Likhachev said a ruling by the International Chamber of Commerce’s International Court of Arbitration…

    Have You Seen?

    Malaysia Accelerates Energy Transition With Grid Investments, Solar Expansion, And Energy Storage

    • October 13, 2026
    Malaysia Accelerates Energy Transition With Grid Investments, Solar Expansion, And Energy Storage

    Oswal Pumps Announces INR 456 Crore Investment Plan for 1.2 GW TOPCon Solar Cell Manufacturing Facility

    • October 13, 2026
    Oswal Pumps Announces INR 456 Crore Investment Plan for 1.2 GW TOPCon Solar Cell Manufacturing Facility

    Power Grid Acquires Lakadia II Transmission Project For Gujarat’s 7,500 MW Renewable Energy Zone

    • October 13, 2026
    Power Grid Acquires Lakadia II Transmission Project For Gujarat’s 7,500 MW Renewable Energy Zone

    CREA: India Curtailed Over 4% of Its Solar Output in July and August

    • October 12, 2026
    CREA: India Curtailed Over 4% of Its Solar Output in July and August

    Saudi Arabia Insists Energy Supply Remains Resilient

    • October 12, 2026
    Saudi Arabia Insists Energy Supply Remains Resilient

    Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears

    • October 12, 2026
    Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears

    On-site oxygen generation offers alternative supply models for African hospitals

    • October 12, 2026
    On-site oxygen generation offers alternative supply models for African hospitals

    QatarEnergy targets new LNG capacity for 2027

    • October 12, 2026
    QatarEnergy targets new LNG capacity for 2027

    BMI Predicts Brent Crude Will Remain Above $100 for Months

    • October 12, 2026
    BMI Predicts Brent Crude Will Remain Above $100 for Months

    Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce

    • October 12, 2026
    Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce