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29th Mar 2024

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Nuclear accounts for nearly 25% of EU electricity

In 2020, 13 member states produced nearly 25 percent of the EU's total electricity production with nuclear energy, according to new figures released on Tuesday by Eurostat. The largest producer was France, followed by Germany, Spain and Sweden. There were 109 nuclear reactors operating in the EU in 2020, but three reactors permanently shut down that year. Only France and Slovakia generate over half of their electricity in nuclear plants.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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