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Reconnecting With Europe's Nuclear DNA: a Political Question

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Couverture de l'étude de C. Maisonneuve sur le nucléaire européen
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As Europe's main source of low-carbon electricity, nuclear power is a strategic asset for tackling climate and geopolitical challenges. 

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Nuclear EU
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Recognizing nuclear power as a strategic asset is essential for decarbonization and energy security. However, despite almost complete control of the technological and industrial value chain, the European Union (EU) is under-exploiting this potential, held back by discriminatory regulations and a lack of collective ambition. The nuclear industry needs an urgent boost, based on partnerships and dynamic competition to cut costs and accelerate the deployment of new reactors. Standardization and access to private financing are also necessary conditions for the renaissance of European nuclear power.

France, the linchpin of this European nuclear ambition, faces three fundamental challenges. First, rebuilding an industrial ecosystem eroded by deindustrialization. Second, reinventing the role of the State in a transformed economic context. Finally, France needs to clarify roles so that Électricité de France (EDF) can focus on building up its industrial strength, away from the obsolete model of a single national champion, and towards a partnership-based approach.

Against this backdrop, the strategy to be deployed is threefold: optimize existing nuclear reactors, relaunch the construction programs for large nuclear reactors and enable the emergence of European SMR sectors, all accompanied by ambitious fuel cycle policies.

Small modular reactors (SMRs) are emerging as a promising solution. However, the lack of a unified European strategy and chronic underfunding threaten to relegate the EU behind the USA and other powers. A pragmatic approach, removed from ideological debates, is crucial to guarantee the competitiveness of SMRs, an important solution for the future of European industry in the context of climate neutrality. This means harmonizing certifications as far as possible, mobilizing public and private funding, and developing the fuel cycle.

 

The full version of the study is only available in French.

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Cécile MAISONNEUVE

Cécile MAISONNEUVE

Intitulé du poste

Senior Advisor, Energy and Climate Center, Ifri

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Climate & Energy
Center for Energy & Climate
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Ifri's Energy and Climate Center carries out activities and research on the geopolitical and geoeconomic issues of energy transitions such as energy security, competitiveness, control of value chains, and acceptability. Specialized in the study of European energy/climate policies as well as energy markets in Europe and around the world, its work also focuses on the energy and climate strategies of major powers such as the United States, China or India. It offers recognized expertise, enriched by international collaborations and events, particularly in Paris and Brussels.

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Nuclear EU
© Roman Barkov/Shutterstock.com

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Image de couverture de la publication
Couverture de l'étude de C. Maisonneuve sur le nucléaire européen
Reconnecting With Europe's Nuclear DNA: a Political Question, from Ifri by
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