EnergyWatch

EU Commissioner: Nuclear power plants require investments of EUR 500bn by 2050

French EU Commissioner Thierry Breton finds that major investments are necessary for the EU to reach its climate goals in coming years.

Photo: DAVID W CERNY/REUTERS / X01548

A lot more funding needs to be allocated in order for the EU to reach its 2050 climate targets. Such is the message from French EU Commissioner Thierry Breton.

"Existing nuclear power plants alone will need investments of EUR 50bn from now until 2030. And newer generations will require EUR 500bn," says Breton to media outlet Journal du Dimanche.

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