The European Commission (EC) has given formal start of a European Industrial Alliance on Small Modular Reactors (SMRs) along with non-binding recommendations to further cut greenhouse gas emissions by 2040 with the ultimate goal of achieving climate neutrality by 2050.
The Commission said in a statement on Tuesday 6 February that based on a conducted impact assessment it recommends a 90% net emissions reduction by 2040 compared to 1990 levels. A legislative proposal is expected to be made by the next Commission, after the European elections in June 2024.