Most European countries rely heavily on imports to meet their electricity needs, leaving the continent vulnerable to geopolitical shocks and its consumers and businesses exposed to prices up to three to four times higher than in the US or China.
In recent years, nuclear has subtly resurfaced as an alternative to secure Europe's energy independence, particularly after it received the status of a transitional and sustainable economic activity under the EU's taxonomy regulation, which aims to help mitigate climate change by defining which economic activities are environmentally sustainable.
