Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Italy's government adopts plan for return to nuclear power
    Headlines

    Italy's Government Adopts Plan for Return to Nuclear Power

    Published by Global Banking & Finance Review®

    Posted on February 28, 2025

    2 min read

    Last updated: March 1, 2026

    Add as preferred source on Google
    Italy's government adopts plan for return to nuclear power - Headlines news and analysis from Global Banking & Finance Review
    Tags:sustainabilityrenewable energyinvestmentfinancial community

    Quick Summary

    Italy plans to reintroduce nuclear energy for energy security and decarbonisation, aiming to save 17 billion euros by 2050.

    Italy Moves Forward with Plans to Reintroduce Nuclear Energy

    By Angelo Amante

    ROME (Reuters) - Italy's government on Friday adopted a law paving the way for a return to nuclear energy almost 40 years after it was banned by referendum, in what Prime Minister Giorgia Meloni described as a step towards energy security and self-sufficiency.

    The law, which has to be approved by parliament, gives the government a mandate to adopt detailed decrees for the transition. Energy Minister Gilberto Pichetto Fratin said last month he expected the process to be completed by end-2027.

    "The government has approved another important measure to ensure clean, safe, low-cost energy that can guarantee energy security and strategic independence," Meloni said in a video message after a cabinet meeting.

    Italy is aiming to use advanced modular reactors to produce sustainable nuclear energy and decarbonise its most polluting industries. The government says advances in technology and safety make the 1987 referendum ban on nuclear power obsolete.

    It estimates it would save 17 billion euros ($17.69 billion) on the cost of decarbonising the economy by 2050 if nuclear power made up at least 11% of the energy mix. The national energy and climate plan says the portion could rise to 22%.

    According to a Friday presentation by the energy ministry, the government's law will set out how the new nuclear modules should operate and commission scientific research on the technologies needed.

    It would also pave the way for the dismantlement of old nuclear plants in Italy and establish an independent authority to supervise the sector.

    Italy has retained key expertise in the nuclear sector. State-controlled utility Enel operates nuclear power stations in Spain and energy major Eni is investing in a project to develop a nuclear fusion reactor in the United States.

    Last year Pichetto Fratin said that Italy was in talks with several companies including U.S. energy group Westinghouse and France's EDF as potential partners for a state-backed company that will build advanced nuclear reactors in the country.

    Earlier this month, Italian dailies Corriere della Sera and Il Sole 24 Ore said the state-backed company, involving Enel, Ansaldo and Leonardo and due to study options for building small nuclear reactors, was close to being formed.

    ($1 = 0.9613 euros)

    (Reporting by Angelo Amante; editing by Philippa Fletcher)

    Key Takeaways

    • •Italy plans to reintroduce nuclear energy after a 40-year ban.
    • •The government aims for energy security and decarbonisation.
    • •Advanced modular reactors will be used for sustainable energy.
    • •The initiative could save 17 billion euros by 2050.
    • •Partnerships with international companies are being explored.

    Frequently Asked Questions about Italy's government adopts plan for return to nuclear power

    1What recent action did Italy's government take regarding nuclear energy?

    Italy's government adopted a law to pave the way for a return to nuclear energy, nearly 40 years after it was banned by referendum.

    2What are the expected benefits of reintroducing nuclear power in Italy?

    The government estimates that nuclear power could save 17 billion euros on decarbonisation costs by 2050 and aims to produce sustainable energy.

    3What technology does Italy plan to use for nuclear energy?

    Italy aims to use advanced modular reactors to produce sustainable nuclear energy and decarbonise its most polluting industries.

    4Which companies is Italy in talks with for nuclear energy projects?

    Italy is in discussions with U.S. energy group Westinghouse and France's EDF as potential partners for building nuclear reactors.

    5What will the new law establish regarding old nuclear plants?

    The law will facilitate the dismantlement of old nuclear plants in Italy and create an independent authority to supervise the nuclear sector.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostMacron Says He Left Washington With Little Hope on U.S. Tariffs
    Next Headlines PostKurdish Militants in Iraq, Syria Must Lay Down Weapons, Erdogan's Party Says
    More from Headlines

    Explore more articles in the Headlines category

    Image for Pope Leo names Australian bishop to lead Vatican's legal office
    Pope Leo Names Australian Bishop to Lead Vatican's Legal Office
    Image for Russia says it supplies fuel to Cuba as humanitarian aid
    Russia Says It Supplies Fuel to Cuba as Humanitarian Aid
    Image for Iranian strikes pose ‘existential threat’, Gulf states tell UN
    Iranian Strikes Pose ‘existential Threat’, Gulf States Tell UN
    Image for Russia says it remains in contact with US on Ukraine settlement
    Russia Says It Remains in Contact With US on Ukraine Settlement
    Image for Putin allies Lukashenko and Kim meet in North Korea
    Putin Allies Lukashenko and Kim Meet in North Korea
    Image for Denmark's Frederiksen faces tough coalition talks to remain prime minister
    Denmark's Frederiksen Faces Tough Coalition Talks to Remain Prime Minister
    Image for UK police arrest two men over arson attack on Jewish community ambulances
    UK Police Arrest Two Men Over Arson Attack on Jewish Community Ambulances
    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    View All Headlines Posts