· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on Financial Post or enjoy below:
🗞️ Driving the news: Italy is in early talks to establish a new company to develop small nuclear reactors, engaging with Ansaldo Nucleare SpA, Enel SpA, and Newcleo Ltd
• This represents a major shift for the country, which banned nuclear energy following referendums in 1987 and 2011
🔭 The context: The Italian government is exploring partnerships with foreign technology providers to advance nuclear energy production domestically
• Ansaldo Nucleare specializes in nuclear technology, Newcleo focuses on reactors powered by recycled nuclear waste, and Enel, Italy’s state energy giant, would be crucial to the project
🌍 Why it matters for the planet: Reintroducing nuclear energy in Italy could significantly reduce reliance on fossil fuels and help meet climate goals by providing low-carbon, reliable energy
• The use of advanced reactors, such as those powered by recycled waste, would enhance the sustainability of nuclear power
⏭️ What's next: Italy’s government is preparing a legislative measure to reintroduce nuclear energy by the end of the year
• Further decisions regarding technological and international partners are expected as talks progress
💬 One quote: Ansaldo Nucleare aims to support “the production of low-cost, programmable and environmentally friendly energy” in Italy
📈One stat: Italy has banned nuclear power for over three decades, following two national referendums in 1987 and 2011
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