Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and 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 and 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 > Westinghouse eyes old nuclear sites to build small reactors in Italy
    Headlines

    Westinghouse eyes old nuclear sites to build small reactors in Italy

    Published by Global Banking and Finance Review

    Posted on February 4, 2025

    2 min read

    Last updated: January 26, 2026

    Image illustrating Westinghouse's initiative to build small modular reactors at Italy's decommissioned nuclear sites, supporting the country's energy policy shift.
    Westinghouse proposal for small modular reactors on decommissioned nuclear sites in Italy - 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

    Quick Summary

    Westinghouse plans to build small modular reactors on Italy's decommissioned nuclear sites by 2030, aligning with Italy's energy policy shift.

    Westinghouse Proposes Small Reactors for Italy's Old Nuclear Sites

    ROME (Reuters) - U.S. energy group Westinghouse proposed using decommissioned nuclear sites in Italy for the installation of small modular reactors, with the aim to start construction by 2030, a company official said on Tuesday.

    The move fits with a shift in Italy's energy policy as the right-wing government led by Prime Minister Giorgia Meloni looks to revive a sector that has been dormant for decades.

    The proposal was made by Fabio Presot, Westinghouse commercial sales manager, during a parliamentary hearing. Italy has four decommissioned nuclear sites.

    Edison, the Italian arm of French group EDF, plans to construct two advanced nuclear reactors in Italy by 2040, company executive Lorenzo Mottura told the hearing. The first plant is slated for completion by 2035, and the second by 2040.

    The first small modular reactor technologies would be available by the end of this decade and undergo testing in the early 2030s, he added.

    Energy Minister Gilberto Pichetto Fratin announced in October that Italy was in discussions with several groups, including Westinghouse and EDF, as potential partners for a state-backed company to build advanced nuclear reactors.

    Nuclear power plants have been prohibited in Italy following referendums in 1987 and 2011.

    However, the country is planning to finalise a strategy by the end of 2027 to reintroduce nuclear power, nearly 40 years after it was banned, Fratin said last week.

    The government has stated that small modular reactors and advanced modular reactors could aid in the decarbonisation of Italy's most polluting industries, including steel, glass, and tilemaking.

    (Reporting by Giancarlo Navach, writing by Francesca Piscioneri, editing by Keith Weir)

    Key Takeaways

    • •Westinghouse aims to build small modular reactors in Italy by 2030.
    • •Italy's government plans to revive its nuclear sector.
    • •Edison plans two advanced nuclear reactors by 2040.
    • •Italy banned nuclear plants after referendums in 1987 and 2011.
    • •Small reactors could help decarbonize Italy's industries.

    Frequently Asked Questions about Westinghouse eyes old nuclear sites to build small reactors in Italy

    1What is the main topic?

    The main topic is Westinghouse's proposal to build small modular reactors on decommissioned nuclear sites in Italy.

    2Why is Italy considering nuclear power again?

    Italy is considering nuclear power to revive its dormant sector and aid in decarbonizing industries.

    3Who are the key players in Italy's nuclear plans?

    Key players include Westinghouse, EDF's Italian arm Edison, and the Italian government.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Telegram's Durov says proposed Spanish social media restrictions seek to censor critics
    Telegram's Durov says proposed Spanish social media restrictions seek to censor critics
    Image for French president's top diplomat held talks in Moscow on Tuesday, sources say
    French president's top diplomat held talks in Moscow on Tuesday, sources say
    Image for Italy probes 80-year-old over alleged Sarajevo 'sniper tourism'
    Italy probes 80-year-old over alleged Sarajevo 'sniper tourism'
    Image for Dental sector may steady in 2026, but full recovery remains distant, analysts say
    Dental sector may steady in 2026, but full recovery remains distant, analysts say
    Image for Russia says it's open to diplomacy but will counter any new threats after expiry of nuclear treaty
    Russia says it's open to diplomacy but will counter any new threats after expiry of nuclear treaty
    Image for Exclusive-EU rethinks climate diplomacy after bruising COP30 summit, document shows
    Exclusive-EU rethinks climate diplomacy after bruising COP30 summit, document shows
    Image for UK police ask government to withhold some Mandelson documents
    UK police ask government to withhold some Mandelson documents
    Image for Automakers back Trump plan to roll back fuel economy rules, but seek changes
    Automakers back Trump plan to roll back fuel economy rules, but seek changes
    Image for Hungarian court jails left-wing German activist for 8 years for assault
    Hungarian court jails left-wing German activist for 8 years for assault
    Image for Serbia seeks EU gas deals as it reduces Russian supplies, says President Vucic
    Serbia seeks EU gas deals as it reduces Russian supplies, says President Vucic
    Image for Germany's Merz heads to Saudi, Gulf in quest for new partners
    Germany's Merz heads to Saudi, Gulf in quest for new partners
    Image for Stellantis faces Peugeot model delays due to battery plant issues, Bloomberg News reports
    Stellantis faces Peugeot model delays due to battery plant issues, Bloomberg News reports
    View All Headlines Posts
    Previous Headlines PostUkraine wants to open food hub in Egypt, minister says
    Next Headlines PostDonald Trump Jr. accused of illegal duck hunting near Venice