Nuclear power, Jørgensen: Eligible modular‑reactor projects by end‑2026’

Brussels – Moving forward as announced, intended, and planned, the Commission is working with the European Investment Bank (EIB) with the “aim to make it possible for the EIB to invite applications from eligible projects later this year” in modular reactors for next-generation nuclear energy, the Commissioner for Energy, Dan Jorgensen, confirmed. “To support the initial commercial units of
innovative nuclear technologies within the Union” remains the priority of the European Commission’s policy, he assured in response to a parliamentary question on the matter.

The collaboration between the Commission and the EIB aims to “in due course support the derisking of such concrete investments in innovative nuclear technologies and to crowd in further private funding,” with the selection process for the first projects due to be completed by the end of 2026.