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Stock impact report

Europe's Nuclear Revival Plans Risk Being Too Little, Too Late [BNN Bloomberg (Canada)]

NuScale Power Corporation (SMR) 
Company Research Source: BNN Bloomberg
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. 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. 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 to the center of the bloc's industrial strategy, they say, and time is running out for new investments to make a meaningful contribution to the bloc's climate goals, given long lead times for reactors. The meeting's location is symbolic. Leaders and delegates from countries including China and the US are gathering Show less Read more
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