EU agrees compromise on nuclear energy amid French pressure

EU agrees to new binding target of 42.5% renewable energy consumption and recognises nuclear power for use in decarbonisation of industry. France wins concession for atomic power.

March 31, 2023 . 3:04 AM

1 min read

EU agrees to new binding target of 42.5% renewable energy consumption by 2030, with an indicative target of 45% by the end of the decade.
Nuclear power to be counted towards decarbonisation of industry, but not towards the overall renewables goal.
France's push for nuclear energy recognised with a concession counting 'low-carbon' hydrogen generated with electricity from atomic power plants as part of separate targets for renewable hydrogen used by industry.
The new law accelerates permitting procedures for wind farms, solar panels and other renewable energy projects.
The deal still needs to be formally endorsed by parliament and EU governments.