EU requires €241 billion in nuclear investment to meet 2050 decarbonisation goals

emirates7 - The European Commission estimates that €241 billion in nuclear investments will be required by 2050 to support EU Member States’ nuclear energy plans and achieve long-term decarbonisation targets.

This figure, detailed in the Commission’s eighth nuclear illustrative programme (PINC), highlights the EU’s approach to balancing industrial competitiveness, energy security, and climate objectives as part of the REPowerEU Plan and Clean Industrial Deal.

Currently, nuclear power accounts for about 23% of the EU’s electricity generation. However, member states have differing paths—some are phasing out nuclear energy, while others plan to expand it. The EU expects nuclear capacity to grow from 98 GW today to 109 GW by 2050, with a potential rise to 144 GW under a more optimistic scenario.

With over 90% of electricity projected to come from low-carbon sources by 2040, nuclear energy will remain a vital complement to renewables in the EU’s future energy mix.

To achieve these goals, the Commission stresses the importance of blended financing strategies that combine public and private funds alongside risk mitigation measures to boost investor confidence and support strategic nuclear deployment.