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Europe's Nuclear Revival Plans Risk Being Too Little, Too Late [Financial Post (Toronto, Ontario, Canada)]

NuScale Power Corporation (SMR) 
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — European leaders are trying to move past decades of neglect to spur a renaissance in nuclear energy. The fear is that it may already be too late. The region has set stiff targets for lowering emissions and ensuring energy security by the middle of the century, emboldening nuclear proponents who say the technology can help solve both issues. Article content Yet massive upfront costs and repeated delays to new innovations, like small modular reactors, mean the sector will struggle just to maintain its current share of the energy mix. In Germany, it's already been phased out completely. Article content A group of a dozen countries, led by French President Emmanuel Macron, will join a first-ever nuclear summit on the edge of Brussels Thursday to push the European Union to stop the rut. Twin climate and energy crises should catapult atomic energy t Show less Read more
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