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European Commission Estimates €241 Billion Needed For Nuclear Reactors By 2050 In New Report

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European Union member states will require around €241bn ($277bn) in investments through 2050 to meet nuclear energy plans, the European Commission (EC) said as part of its latest nuclear energy roadmap.

The Commission, which released on Friday (13 June) its long-awaited Nuclear Illustrative Programme (Pinc) document, said the figure includes funding for extending the operating life of existing nuclear reactors and constructing new large-scale units. New-build is estimated to account for €205bn and lifetime extensions for €36bn.

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