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Spain Confirms 2035 Nuclear Phase Out Deadline

Oil Price.com, By Charles Kennedy – Dec 27, 2023, 

Spain has just confirmed that it will go ahead with plans to close all its nuclear plants by 2035, while Europe remains divided on whether nuclear energy should be part of the climate change solution. 

The management of radioactive waste and dismantling of the plants will cost about 20.2 billion euros ($22.4 billion) and will be paid for by a fund supported by the plants’ operators. 

The future of the country’s nuclear plants was a hot issue during the recent electoral campaign, with one of the main business lobbies calling for extending the use of these plants while the conservative opposition People’s Party (PP) pledged to reverse the planned phase-out. …………………… https://oilprice.com/Latest-Energy-News/World-News/Spain-Confirms-2035-Nuclear-Phase-Out-Deadline.html

December 29, 2023 - Posted by | politics, Spain

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