"Europe's Pro-Nuclear Leaders Seek Atomic Energy Revival"

"BRUSSELS - Leaders from pro-nuclear European countries and energy experts called for a nuclear energy revival on Thursday at a summit in Brussels, seeking to rebuild the European industry after years of gradual decline.

The political push to expand nuclear - a low-carbon energy source - is part of the drive to meet Europe's ambitious climate targets. But it faces headwinds including a lack of investment and cost overruns and delays that have plagued recent projects.

"Without the support of nuclear power, we have no chance to reach our climate targets on time," International Energy Agency (IEA) chief Fatih Birol told reporters ahead of the Nuclear Energy Summit in Brussels.

Nuclear fell out of favour in Europe over safety concerns following Japan's Fukushima nuclear accident in 2011, which prompted Germany to immediately shut down six nuclear plants and phase out its remaining reactors. The last three were shut down in April 2023."

Julia Payne and Kate Abnett report for Reuters March 22, 2024.

Source: Reuters, 03/25/2024