BRUSSELS (Thomson Financial) - The European Commission said it will examine ways to make investments in nuclear energy easier.
At the European Nuclear Assembly conference here, energy commissioner Andris Piebalgs stressed the importance of nuclear energy for the reduction of carbon dioxide emissions.
The commission said the European Union needs substantial investments to replace its ageing power plants.
Several nuclear power plants will reach the end of their life span before 2030.
To make the necessary investments possible, the EU executive is examining ways to overcome difficulties related to the licensing, financing and different nuclear liability regimes.