Economics of Nuclear

Europe / EIB Confirms Eligibility Of Nuclear For Funding, But Says It Will Take ‘Cautious Approach’

By David Dalton
18 November 2019

Bank says it will use ‘additional criteria’ to asses industry
EIB Confirms Eligibility Of Nuclear For Funding, But Says It Will Take ‘Cautious Approach’
The European Investment Bank said it will take “a cautious approach” to the nuclear energy sector, but nuclear energy projects will be eligible for financing provided they are technically, environmentally, financially and economically justified.

Eligible projects include power generation, full fuel cycle, waste management, safety upgrades, lifetime extensions, decommissioning and R&D.

In its updated energy lending criteria
the bank said it would use additional criteria to address specific issues related to nuclear projects, such as safety regulations, radioactive waste management, plant decommissioning and technology.

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