Monday, May 18, 2026

Latest

Swiss Government Proposes Reversal of Nuclear Power Ban

The Swiss government has announced plans to overturn its ban on constructing new nuclear power plants, citing evolving geopolitical tensions and energy needs. Energy Minister Albert Roesti revealed that a proposal to amend nuclear legislation will be submitted by the end of 2024, allowing for parliamentary debate in the following year.

This marks a significant shift from Switzerland’s 2017 referendum, which approved a gradual phase-out of nuclear power and prohibited the construction of new plants. The policy change was initially prompted by the 2011 Fukushima nuclear accident in Japan.

Roesti said that while new nuclear power is not a short or medium-term solution, it could be crucial for ensuring energy security in the long run.

“To be ready, if it is necessary in the long term, in the next 15 years I would say, we must start now,” he said at the press conference.

Switzerland’s reconsideration of nuclear energy is driven by several factors, including increased geopolitical uncertainties, ambitious climate targets, and growing electricity demand due to population growth. The country’s commitment to achieving carbon neutrality by 2050, as backed by voters in a recent climate bill, has also influenced this policy shift.

Currently, Switzerland’s four operational nuclear power plants generate approximately one-third of the nation’s electricity. These plants will continue to operate as long as they remain safe. However, concerns arise about filling the energy gap once these plants eventually close, with doubts about renewable energy’s capacity to meet demand fully.

The announcement has faced criticism from environmental organizations and certain political parties. Greenpeace Switzerland argues that new nuclear reactors would be too slow to effectively reduce carbon emissions and would not alleviate dependence on foreign energy sources.


Information for this story was found via Reuters, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Canada Confirms First Hantavirus Case Linked to MV Hondius Cruise Ship Outbreak

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Related News

Cameco Signs MOU With GE Hitachi, Synthos Green Energy For Uranium Supply Chain Servicing Potential SMRs In Poland

Cameco (TSX: CCO) announced this morning that it has entered into a memorandum of understanding...

Thursday, September 23, 2021, 09:46:00 AM

Texas Pushes for “Advanced Nuclear Energy” In A Bid To Be The “Energy Capital Of The World”

Texas Governor Greg Abbott and the Public Utility Commission of Texas have unveiled a significant...

Tuesday, November 19, 2024, 12:57:00 PM

Under Merz, Germany Softens Nuclear Stance in EU Talks

Chancellor Friedrich Merz’s government is easing Germany’s stance against nuclear energy in European Union policy...

Tuesday, May 20, 2025, 02:56:00 PM

Ontario Begins Construction of First G7 Small Modular Reactor

The Ontario government has approved Ontario Power Generation‘s plan to begin construction on the first...

Friday, May 9, 2025, 04:10:00 PM

Defense Dept Goes Big On Nuclear At Military Bases

The US Defense Department (referred to as the Department of War) is accelerating advanced nuclear...

Friday, January 2, 2026, 12:53:00 PM