Here’re top 10 European countries reliant on nuclear power

20/07/2022 Argaam

France topped the list of countries relying on nuclear power, with around 69% of the country’s electricity generation based on the energy source, data from the International Atomic Energy Agency (IAEA) showed.

Nuclear power also made up more than half of the electricity mix last year in Ukraine (55%), Slovakia (52.3%) and Belgium (50.8%).

Germany’s nuclear share is the lowest of the list, last year hitting just below 12% of total electricity generation. Its share has gradually fallen ever since the country decided to phase out its reactors in 2000.

It’s worth noting that the EU Parliament voted in favor of EU rules that would determine investments in nuclear and certain gas projects as sustainable and green.

This will likely pass into law, as it would take 20 out of the EU’s 27 member states to reject the move. The new law would come into action from 2023.

Discussions have reignited, however, in light of Russia’s invasion of Ukraine showing the EU’s vulnerability to global market fluctuations. On the one hand, supporters argue that nuclear energy is carbon free and could help fill an imminent energy gap, while on the other, critics are concerned about the energy source’s radioactive byproduct being difficult to dispose of.

Countries Most Reliant on Nuclear Power

Order

Country

% of Total Power Generation in 2020

01

France

69%

02

Ukraine

55%

03

Slovakia

52.3%

04

Belgium

50.8%

05

Hungary

46.8%

06

Finland

32.8%

07

Sweden

30.8%

08

Switzerland

28.8%

09

UK

14.8%

10

Germany

11.9%

Source: Statista


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts