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European Small Modular Reactor (SMR) Development Project

Sector: Nuclear • Location: European Union

Source: Bankingnews

Project
Planned

The European Commission allocated 200 million euros as a bank guarantee to attract private investment in the development of small modular reactors (SMRs) with the goal of entering mass production within five to seven years. This project aims to increase nuclear energy capacity in the EU to support economic growth and energy needs.

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Project Information

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The project “European Small Modular Reactor (SMR) Development Project” is an infrastructure initiative in the Nuclear sector, located in European Union. Taiyo aggregates data on it from Bankingnews.

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planned

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Description

Description

The European Commission allocated 200 million euros as a bank guarantee to attract private investment in the development of small modular reactors (SMRs) with the goal of entering mass production within five to seven years. This project aims to increase nuclear energy capacity in the EU to support economic growth and energy needs.

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Source reliability

High

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100%

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