On a purely literal level, the question of what counts as renewable power is relatively straightforward. However, on a practical level, where government policy and economic incentives come into play, the question becomes more nuanced, and morphs into something closer to “does this energy source deserve support reserved for solar and wind power?” With this in mind, nuclear energy and hydropower are obvious examples of power sources that are not carbon-intensive, yet lack the clean perception of more conventional renewable energy sources; nuclear for its unsafe reputation, hydropower for its environmental damage. Yet in April, the European Commission updated its investment criteria for clean power projects, granting hydropower access to many of the same investment opportunities as other renewable sources, and leaving nuclear power out in the cold as the last remaining energy source not covered by the legislation.
Power Technology 6th July 2021 read more »
Nearly 100 Members of the European Parliament (MEPs) have called on the European Commission “to follow the science” and include nuclear under the EU’s Sustainable Finance Taxonomy. According to a letter sent to Commissioners and published by European nuclear trade body Foratom, the MEPs urge them “to choose the path that their scientific experts have now advised them to take”, namely to include nuclear power in the EU’s Taxonomy on Sustainable Finance.
World Nuclear News 9th July 2021 read more »