Nuclear Politics

Deloitte Study / The Widespread Economic Benefits Of Europe’s Nuclear Energy Industry

By David Dalton
7 May 2019

7 May (NucNet): A high nuclear power capacity of 150 GW by 2050 – up from about 118 GW today – would result in widespread economic benefits throughout the EU, sustaining more than one million jobs and hundreds of billions of euros in additional GDP growth, tax revenues and household income, a study has concluded.

The aim of the study, carried out by Deloitte for the Brussels-based nuclear industry Foratom, was to assess the contribution of the nuclear sector to the overall economy of the EU28 both today and until 2050.

It said the European nuclear industry sustains in 2019 more than 1.1 million full-time jobs in the EU and generates more than half a trillion euros in GDP. The report also concluded that in 2019 the nuclear industry generates €124.2bn in state revenues, generates €383.1bn in household income, generates €507.4bn in EU GDP, and generates €1,092.3bn volume of investment and an €18.1bn trade surplus in the EU economy.

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