nucleareurope unveils new Compass Lexecon report at Hungarian presidency event

On Thursday 10 October, in the framework of a Hungarian Presidency event on sustainable solutions for radioactive waste management in the European Union, nucleareurope Director General Yves Desbazeille unveiled the latest “Pathways to 2050 – the role of nuclear in a low-carbon Europe“ report, conducted by Compass Lexecon on behalf of nucleareurope.

In his presentation, Yves outlined the key takeaways from the report, namely that additional nuclear capacity can enable faster decarbonisation at lower costs, support security of supply, reduce dependence on hydrogen imports and ultimately support greater EU industrial competitiveness.

The study, which compares three installed nuclear capacity scenarios in 2050 (#100GW, #150GW and #200GW), highlights how 150GW of installed nuclear capacity by 2050 -the scenario promoted by the Nuclear Alliance- can save around 430 million tonnes of CO2, save €310 billion in total energy system costs, reduce gas consumption by about 180 billion cubic metres and reduce dependence on hydrogen imports by up to 33%.

“The report clearly details the benefits of increasing nuclear capacity in the EU, not only for electricity generation, but for the energy system as a whole” Yves said, listing key enablers that policy makers, industrial stakeholders and consumers, regulators, civil society and trade unions could implement to support the development of additional nuclear capacity in the EU.

Yves’ presentation was followed by two panel discussions: the first session focused on joint repositories of radioactive waste, and the second, moderated by nucleareurope Policy Director Andrei Goicea, explored the question of reprocessing technologies.

More information on the Compass Lexecon report is available on the dedicated webpage.