The European Investment Bank is prepared to consider financing nuclear investments in Slovenia, including a possible second reactor at the Krsko power plant. The lender said the move aligns with a more technology-neutral approach to low-carbon energy.
EIB Vice President Marek Mora said the proposed reactor had been discussed with Slovenian ministers and state secretaries. Any financing decision would depend on the structure of the project and Slovenia’s long-term energy strategy.
Scope of potential EIB support for nuclear projects
The EIB said potential support could extend beyond large reactors to small modular reactors. It also cited nuclear-safety improvements and infrastructure for radioactive-waste management as areas that could be covered. The bank’s position was presented in the context of its broader lending priorities.
The EIB directs more than half of its lending towards climate action and environmental sustainability. Its climate-related portfolio includes renewable energy, efficiency and climate adaptation. The bank does not regard nuclear financing as incompatible with that mandate.
Slovenia’s policy considerations for Krsko expansion
Slovenia views a second Krsko unit as a potential source of low-carbon baseload generation. The rationale cited is linked to coal capacity being phased out and electricity demand rising. The project, however, would require major financing, lengthy permitting and a clear national decision on the role of nuclear power.
While the EIB’s stance provides another potential funding route, it does not remove key issues around cost, construction risk and public approval. Those factors are described as central to whether Krsko’s expansion proceeds.
