Friday, November 21, 2025

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 Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Related News

“There Will Be Looting”: Swiss Police Chief Warns The Possibility Of People Rebelling To Impending Power Shortage

As Switzerland prepares for the energy shortage come winter, the country’s police chief conjectures the...

Monday, August 22, 2022, 04:29:00 PM

Serbia Ends 35-Year Nuclear Power Ban for Energy Transition

Serbia’s parliament has voted to end its long-standing moratorium on nuclear power development. The decision,...

Monday, December 2, 2024, 12:55:26 PM

Ottawa Spends $2B, Ontario Adds $1B To Fund Darlington SMRs

Ottawa will invest $2 billion to build four small modular reactors at Ontario Power Generation’s...

Friday, October 24, 2025, 11:32:00 AM

Deregulation, 20-Ton HALEU Release Among Trump’s Orders To Supercharge Nuclear

President Donald Trump signed four intertwined executive orders aimed at rebuilding America’s nuclear fuel cycle,...

Monday, May 26, 2025, 02:56:00 PM

Berlin Court Forces Ministry of Economics to Disclose Nuclear Power Files

The Berlin Administrative Court has ruled in favor of transparency regarding the Federal Ministry for...

Thursday, February 15, 2024, 10:45:22 AM