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EU Needs $280 Billion for Nuclear Energy, And That’s Just the Start

Summary by Oil Price
The European Union countries planning to expand their nuclear power capacities will need as much as $277 billion (241 billion euros) in investments by 2050, according to Brussels’ estimates. That’s only the investment needed for the conventional large-scale nuclear reactors currently in the plans of nearly half of the EU member states. The sum doesn’t include investment in Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs), or micro…

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European Union member states planning to build new nuclear reactors need to invest around 241 billion euros by 2050, according to the European Commission’s calculations. This investment only includes the cost of high-power conventional nuclear reactors announced in the energy plans of half of the EU member states. However, the amount does not include the investments planned for the construction of […] The article EU needs 241 billion euros to ex…

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Kathimerini English Edition broke the news in Athens, Greece on Wednesday, June 18, 2025.
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