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
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    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.

    Home > Headlines > 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: January 25, 2026

    Italy's government adopts plan for return to nuclear power - Headlines news and analysis from Global Banking & Finance Review
    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

    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.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Italian police to get new arrest powers after Turin riot
    Italian police to get new arrest powers after Turin riot
    Image for US, China opt out of joint declaration on AI use in military
    US, China opt out of joint declaration on AI use in military
    Image for Trump says US retains right to 'militarily secure' Chagos airbase
    Trump says US retains right to 'militarily secure' Chagos airbase
    Image for European corporate outlook improves, but earnings overall expected to fall
    European corporate outlook improves, but earnings overall expected to fall
    Image for Trump endorses Hungary's Orban for re-election ahead of April poll
    Trump endorses Hungary's Orban for re-election ahead of April poll
    Image for Environmental groups sue EU commission over Portugal's lithium mine
    Environmental groups sue EU commission over Portugal's lithium mine
    Image for Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Image for Olympics-No credible threats to Milano Cortina Games, U.S. security official says
    Olympics-No credible threats to Milano Cortina Games, U.S. security official says
    Image for Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Image for World Economic Forum investigates its CEO over Epstein links
    World Economic Forum investigates its CEO over Epstein links
    Image for Shell wants to export Venezuelan gas through Trinidad, CEO says
    Shell wants to export Venezuelan gas through Trinidad, CEO says
    Image for Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    View All Headlines Posts
    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