Economics of Nuclear

Europe / Investment Bank Points To ‘High Levels Of Sensitivity’ On Nuclear

By David Dalton
15 November 2019

Investment Bank Points To ‘High Levels Of Sensitivity’ On Nuclear
The European Investment Bank has acknowledged that there are “high levels of sensitivity” within the organisation’s board on the topic of nuclear, but confirmed nuclear projects – including power generation, the entire nuclear fuel cycle, decommissioning and waste management – are eligible for financing.

The bank has not yet published the new policy in full but a draft policy available online says achieving net-zero emissions will require a diverse portfolio of technologies including renewables, but also nuclear. In an annex on eligibility it says nuclear power generation, the entire nuclear fuel cycle, decommissioning and waste management all qualify.

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