In a significant policy shift, Greece is exploring the potential inclusion of nuclear energy in its long-term energy strategy. This development was announced by Prime Minister Kyriakos Mitsotakis at a recent nuclear energy summit in Paris. The initiative comes in response to escalating energy costs across Europe, driven by geopolitical tensions, notably the ongoing conflict involving Iran.
The Greek Government plans to form a high-level ministerial committee dedicated to assessing the viability of new-generation reactors, with a particular focus on small modular reactors (SMRs). This committee will evaluate how these technologies might enhance Greece’s future energy supply and will provide formal recommendations to the government.
Mitsotakis emphasized that advancements in nuclear technology, coupled with increasing electricity demand, are prompting nations to reevaluate their energy strategies. He pointed out that despite the growth of renewable sources, reliable baseload generation remains essential for stable electricity production. In this context, he views nuclear energy as one of the few technologies capable of delivering large-scale, consistent power.
<pThe Prime Minister also acknowledged the sensitive nature of nuclear energy discourse in Greece, where public sentiment is mixed. He underscored the necessity for an open and balanced discussion, free from ideological biases, to thoroughly assess the benefits and risks associated with nuclear technology.
Mitsotakis criticized Europe’s historical decision to phase out nuclear energy, arguing that this move resulted in a significant loss of low-emission electricity. Over the past two decades, EU nuclear power generation has declined by approximately 276 TWh, while total solar output in the EU reached about 254 TWh in 2023. This stark contrast highlights the challenges of compensating for lost nuclear generation solely through solar energy.
The renewed interest in nuclear energy is not isolated to Greece; countries across Europe are revisiting their nuclear strategies. Existing nuclear plant operators are planning fleet expansions, and nations that had previously abandoned nuclear power are reassessing their positions.
Mitsotakis reaffirmed Greece’s commitment to actively engage in discussions surrounding nuclear solutions for both energy production and maritime transport. Although no definitive decisions regarding new nuclear facilities have been made, the government believes it is crucial to evaluate all available options amid rising electricity demand and ongoing geopolitical uncertainty.
