To the government, it must have seemed like a bad joke. While utilities like RWE and E.ON are in the midst of an earnings meltdown because the country is phasing out nuclear power by 2022, the European Union is thinking about how to promote the technology.
An E.U. Commission strategy paper leaked to German media including Handelsblatt this week calls on member states to cooperate more closely to develop innovative new nuclear plants and preserve the bloc’s technological leadership in the field.
It said E.U. states should draw on E.U. research funds such as the European Fund for Strategic Investments or the European Structural & Investment Fund.