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EU Approves EUR172 Million Aid for Netherlands' Nuclear Power Plants Plan

MT Newswires·12/17/2025 07:35:49
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07:35 AM EST, 12/17/2025 (MT Newswires) -- The European Commission on Wednesday approved a 172 million-euro aid for the Netherlands' plan to develop new nuclear power plants for the decarbonization of its energy sector. The aid will only support the preparatory activities, without covering the construction and operations of the plants. The commission will provide 127 million euros as a convertible loan and 45 million euros as equity. The plan calls for creating a state-owned entity, Nucleaire Energie Organisatie Nederland, which will execute preparatory activities for the creation of the plants.