Nuclear power, a strategic asset towards EU CO2 emissions reduction
Accounting for one quarter of electricity produced in the EU, nuclear is the first electricity source and provides half of low-carbon electricity generation in Europe. In September 2020, the European Commission proposed to reinforce the objective of emissions reduction from -40% to at least -55% by 2030, compared with 1990 levels. In the long run, according to the European Commission, the EU should reach climate-neutrality to stand as a global leader in the fight against climate change. In this context, the European Commission estimates that an important nuclear power share will constitute, together with renewables, the backbone of a carbon-free European power system.
Nuclear power, a pillar of European energy security
The availability and geographical diversity of uranium resources guarantee secure supply to the EU. Moreover, the price of electricity is little affected by fluctuations in the price of nuclear fuel, in contrast to oil and gas. All these assets make nuclear
energy a particularly reliable source of electricity and a pillar of European energy security.
Orano contributes to the European Union’s security of supply through
mining activities and its uranium conversion and enrichment plants located in Europe.
During the Covid crisis, the nuclear sector has particularly demonstrated its resilience.
Safely and sustainably managing used nuclear fuel
Safely and sustainably managing spent nuclear fuel and radioactive waste is a priority for Europe. Each Member State has ultimate responsibility for the radioactive waste produced on its soil and must take the necessary measures to ensure the safe and
sustainable management of used nuclear fuel and radioactive waste.
With reference facilities for the treatment and recycling of used fuel, Orano offers its European customers competitive industrial solutions for the sustainable management of
their radioactive waste, , in line with efforts towards a more circular economy.
Orano, partner to EU states in their decommissioning projects
Orano also plays an essential part in Europe in the decommissioning of nuclear installations at the end of their cycle. The experts of the Orano Dismantling and Services unit intervene
on several European sites.