EU Chief Says Phasing Out Nuclear Power Was a Strategic Mistake

European Commission President Ursula von der Leyen stated that phasing out nuclear power was a 'strategic mistake,' leaving the EU overly reliant on costly and unstable fossil fuel imports. Speaking at a policy forum, she outlined plans to harmonize nuclear regulations across member states and accelerate the deployment of small modular reactors (SMRs). The remarks signal a major policy shift for the bloc, which has seen divisions between pro-nuclear nations like France and anti-nuclear countries such as Germany. Von der Leyen emphasized the need for a unified approach to energy security and decarbonization, aiming to reduce dependence on Russian gas and meet climate targets. The EU currently imports over 60% of its energy, with nuclear providing about 25% of its electricity. The announcement comes amid rising energy prices and geopolitical tensions linked to the Ukraine war.

Global Impact

Economically, the EU's nuclear revival could lower long-term energy costs and reduce exposure to volatile gas markets, benefiting energy-intensive industries. Politically, it deepens the rift between pro-nuclear and anti-nuclear member states, potentially delaying unified climate legislation.