Nuclear in the Spotlight amid Oil, Gas Crunch

Nuclear in the Spotlight amid Oil, Gas Crunch


The crisis, Wood Mac wrote, was “accelerating structural shifts toward nuclear expansion, slower coal retirements and the localisation of clean energy supply chains.” It is notable that the nuclear expansion comes despite limited exposure to the worst of the fallout from the crisis for both Japan and South Korea. In further evidence of how nuclear is gaining popularity among the European Union’s political leadership, the Commission’s president last week reportedly sent a letter to the heads of member countries, in which she advised them to consider extending the lives of their nuclear power plants. It is worth noting here that back in the 90s, Eastern European countries were working to fulfil all the conditions Brussels had set for them to join the bloc, and one of these was the shutdown of some Soviet-built nuclear reactors that the central EU authorities declared unsafe despite expert inspections proving they could in fact be used quite safely.

Author: Irina Slav


Published at: 2026-03-21 23:00:00

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