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Macron, Orban & Co. Demand EU support for “active” nuclear power –

A group of seven EU countries, led by French President Emmanuel Macron, today called on the European Commission ahead of the EU summit to explore ways to further “reduce” nuclear power in Europe and to integrate it into the “Green Fund” rules.

In a letter to the EU executive, seven heads of state and government openly declare their support for nuclear energy. This is essential to achieve the EU’s climate goals: “We believe that all emission-free and low-emission technologies contribute to climate neutrality.” […], Not only to be recognized, but to be actively supported by the European Union, ”the signatories wrote.

The letter, dated March 19, states: “This is particularly true of nuclear energy, the development of which is one of the main objectives of the agreement to establish the Eurasian community – which compels EU companies to do so.”

The signatories include the heads of state of France, Hungary, the Czech Republic, Poland, Romania, Slovakia and Slovenia.

In fact, due to the “do no significant harm” regulations, nuclear energy is excluded from the so-called EU classification for green investments. Under this regulation, a label will not be issued as a green investment option for energy technologies if it undermines environmental goals such as preventing and controlling environmental pollution.

However, seven politicians argue that the choice of nuclear energy is a decision that each EU country can make freely – “out of mutual respect and independent of the political decisions of other member states.”

Poland, the Czech Republic and Bulgaria plan to build new nuclear reactors to reduce their dependence on coal, thus meeting the EU’s climate goals. For its part, France has a plan to replace some of its aging nuclear power plants with new generation pressurized water reactors called EPR.

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Finland and the former EU member United Kingdom are currently developing such EPRs – but costs have already risen due to delays and security issues.

Other countries, Germany and Austria, above all, are strongly opposed to generating electricity by nuclear power plants.

Higher costs for nuclear power plants

Meanwhile, the financial costs of building new nuclear power plants in the industry are increasingly worrying: last month, the lobby group expressed fears that the forum would be excluded from the EU classification.

“The big problem with taxonomy for us is that it gives access to companies that qualify for securities and funds at low interest rates,” said Jessica Johnson, Fordom’s communications director. “I.e. if financial costs are low [die Atombranche] We have access to these funds. ”

On the other hand, if nuclear power is not seen as “green”, credit costs will rise.

“Lots of uncertainty” for the nuclear industry

An expert report on how to classify nuclear energy within a framework known as the “classification” for green fund assets in the EU is due next month. The nuclear industry is in turmoil.

In their letter, seven heads of state and government expressed concern that low-carbon nuclear energy could be “excluded” or at least thwarted if it was not included in the classification.

Therefore, the European Commission is called upon to “ensure that EU energy and climate policy take into account all avenues for climate neutrality in line with the policy of technology neutrality”.

Finally, it demands: “In this context, available and future zero and low-emission technologies should be treated equally in all policy areas.”

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The ultimate goal is to achieve climate neutrality by 2050.

[Bearbeitet von Josie Le Blond und Tim Steins]

> Read the full letter below or Download here.

Nuclear Parade 2021