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Spain / Excluding Nuclear From Taxonomy Could Endanger Transition, Says Industry Group

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Excluding nuclear power from Europe’s sustainable finance taxonomy could compromise funding for nuclear generation in Spain and endanger the continuity of reactor operations during the country’s planned energy transition up to 2035, Madrid-based Foro Nuclear said.

The Madrid-based industry group’s comments followed the government’s decision to sign a letter asking for nuclear power to be excluded from the taxonomy. Foro Nuclear said this decision was “regrettable”.

The letter, addressed to the European commission, was signed by two Spanish ministers along with ministers from Germany, Austria, Denmark and Luxembourg – four countries that have no nuclear energy or, in Germany’s case, have decided to phase it out.
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