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Policy & Regulation

EU green investment rules a challenge for nuclear

The new standards seem set to make it increasingly challenging to finance new nuclear developments, handing gas and renewables a competitive advantage The new standards seem set to make it increasingly challenging to finance new nuclear developments, handing gas and renewables a competitive advantage.
By Christian Ernhede 9 January 2020 Europe & Russia / Policy & Regulation 0 34912
A CGI image of the under-construction Hinkley Point C nuclear plant. (EDF)

The key issue: The EU green investment standards agreed last month will likely exclude nuclear energy despite last-minute changes made in response to opposition from some member states.

Interfax analysis: New nuclear plants in Europe are facing additional financing challenges resulting from the likely exclusion of the fuel from the EU’s new green investment standards. The exclusion of nuclear looks set to give gas a competitive advantage, making it an increasingly attractive alternative for utilities aiming to green their operations to attract a wider pool...