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EDF, Edison, Ansaldo team up to develop nuclear power in Europe
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MILAN (Reuters) – French power group EDF, its Italian arm Edison, Italy’s Ansaldo Energia and its unit Ansaldo Nucleare are assessing whether they can cooperate on the development of nuclear energy in Europe, they said on Monday.
MILAN (Reuters) – French power group EDF, its Italian arm Edison, Italy’s Ansaldo Energia and its unit Ansaldo Nucleare are assessing whether they can cooperate on the development of nuclear energy in Europe, they said on Monday.
Under a letter of intent signed by the four, the cooperation would support EDF’s new nuclear projects, specifically small modular reactors.
The agreement also aims to restart a debate on the role of atomic energy in Italy, which ceased using nuclear generation in 1987 after Italians voted against it in a referendum.
Interest in nuclear power has been revived as Europe seeks alternatives to Russian gas, as well as to reduce carbon emissions.
The agreement “will reinforce the European supply chain of our technologies in a context where many European countries are planning for new nuclear programmes,” Vakis Ramany, EDF’s Senior Vice President, said.
(Reporting by Federico Maccioni, editing by Barbara Lewis)
Nuclear energy is the energy released during nuclear fission or fusion, especially when used to generate electricity. It is considered a low-carbon energy source compared to fossil fuels.
Small modular reactors (SMRs) are a type of nuclear reactor that are smaller in size and designed to be built in factories and shipped to sites for assembly, offering flexibility and safety.
Carbon emissions refer to the release of carbon, particularly in the form of carbon dioxide (CO2), into the atmosphere, primarily from burning fossil fuels, which contributes to climate change.
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