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.

McLaren Resources Inc. — sponsored Sponsored · McLaren Resources Inc.

“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

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Five-Nation Alliance Exceeds Nuclear Fuel Investment Target by $1.4 Billion

On the sidelines of the 68th International Atomic Energy Agency General Conference in Vienna, leaders...

Thursday, September 19, 2024, 12:17:00 PM

Switzerland Bans Gold Imports From Russia

Switzerland, one of the world’s leading gold refiners, banned the import of Russian gold, aligning...

Friday, August 5, 2022, 10:03:01 AM

Italy Advances Plans to Reverse Nuclear Energy Ban After Four Decades

Italy took a significant step toward ending its 38-year ban on nuclear power in October...

Wednesday, October 8, 2025, 04:28:00 PM

Japan Brings Back Largest Nuclear Plant Unit

A Kashiwazaki-Kariwa reactor was restarted for the first time since the Fukushima incident in 2011,...

Thursday, January 22, 2026, 12:59:00 PM

DOE Seeks $54 Billion for FY27 Budget with $45 Billion Earmarked for Nuclear Programs

The U.S. Department of Energy (DOE) has proposed a $53.9 billion budget for fiscal year...

Sunday, April 5, 2026, 04:33:45 PM