IMG.gif

Europe: Will Power Market Reforms Benefit Nuclear?

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Nuclear,Power,Energy,Mix,Concept,Businessman,Controversial,Transition,Contemplating,Choice,Comparing,Resources
Elnur/Shutterstock

The European Commission's new push for changes to the EU's electricity market design could potentially result in new support for the financing of new nuclear and reactor life extensions. But few expect fundamental changes to the regional bloc's patchwork of electricity markets, and whether market design revisions impact the nuclear sector depends on nuclear projects benefitting from the "low carbon" coattails of renewables, given that in Brussels nuclear remains the energy source that dare not speak its own name. It's also unclear if any reforms will come soon enough to influence a commission review, currently underway, of the Czech subsidy schemes for the planned Dukovany II newbuild.

Topics:
Low-Carbon Policy, Nuclear, Electricity Prices, Renewable Electricity , Nuclear Policy
Wanda Ad #2 (article footer)
#
Moscow and Beijing deepen back-end nuclear ties; CNNC pours concrete at Sanmen-4; Fortum explores SMRs with Rolls-Royce and a Finnish steel producer.
Fri, Mar 24, 2023
Tech giant agrees with CarbonCapture to buy carbon-removal credits from Project Bison in Wyoming, likely adding a degree of financial certainty to the project.
Fri, Mar 24, 2023
New types of cracks discovered in three of EDF's French reactors could lead to lower than expected production in 2023.
Fri, Mar 24, 2023