Power
Italy Pulls Plug on Nuclear Power 'Indefinitely'
Last month's disaster at Japan's Fukushima Daiichi plant has almost certainly killed off Italy's planned return to nuclear power in the coming decade.
Italy now joins Germany and Switzerland, which have also put a temporary hold on their respective nuclear plans as a result of the disaster. For related news, see March 18, 2011, article - Germany to Shut Down Oldest Nuclear Power Stations and March 16, 2011, article - Switzerland Halts Nuclear Plant Programme.
The decision will come as a major setback to national power utility Enel SpA (BIT:ENEL) (Rome, Italy), which had been working with France's Electricite de France S.A. (EPA:EDF) (EDF) (Paris, France) toward building up to four 1,600-megawatt (MW) plants using third-generation European pressurised reactors. For more information, see March 2, 2009, article - EDF and Enel Plan Four Nuclear Power Plants in Italy.
The government's earlier decision to postpone a public referendum on nuclear power in June was made to avoid anti-nuclear sentiment from the Japanese disaster, permanently killing off any chance of a return to nuclear power in the future. Italy dismantled its nuclear power plants in 1986, in the wake of the Chernobyl nuclear disaster. The government is now planning to wait until the European Union's "stress tests" are performed on all nuclear power plants and a new nuclear energy strategy is drawn up. For related news, see March 29, 2011, article - Europe's Nuclear Reactors Face 'Stress Tests'.
"Fukushima has shown us that major accidents are possible," said Paolo Romani, the Economic Development Minister. "I don't say that voluntarily, having said that I was and remain pro-nuclear. Nuclear power is not culturally acceptable at the moment."
Today, Italy derives 80% of its power from fossil-fuel powered plants, with the remaining 20% coming from hydropower and renewables. The addition of nuclear power, with construction originally slated to begin in 2013, was expected to help reduce Italy's dependence on fossil fuel-based power to 50%, as well as reduce electricity imports and drastically cut the price of electricity in the country, which is among the highest in Europe.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Want More IIR News?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreIndustrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityOn-Demand Podcast / Nov. 18, 2025
-
Navigating the Hydrogen Horizon: Trends in Blue and Green EnergyOn-Demand Podcast / Nov. 3, 2025
-
ESG Trends & Challenges in Latin AmericaOn-Demand Podcast / Nov. 3, 2025
-
2025 European Transportation & Biofuels Spending OutlookOn-Demand Podcast / Oct. 27, 2025
-
2025 Global Oil & Gas Project Spending OutlookOn-Demand Podcast / Oct. 24, 2025