Economic & job creation benefits of investing in nuclear highlighted in new report
Brussels, 5 June 2025: 150GW of installed nuclear capacity in the EU by 2050 would generate over €330 billion (Bn) in annual economic output and support nearly 1.5 million (Mn) jobs across the EU, according to a report by Deloitte (commissioned by nucleareurope). The conclusions of this report further demonstrate the broader value which nuclear can bring across the three pillars of sustainability: environmental, economic & social.
“Nuclear is one of the few net-zero value chains that is anchored in Europe, and this is clearly reflected in the figures put forward by this report” highlights nucleareurope Director General, Emmanuel Brutin. “It shows how, by investing in nuclear, Europe can reap the benefits in terms of stimulating economic growth and job creation, alongside ensuring security of supply and meeting the decarbonisation targets. As such, it is important that the European Commission provide the right policy framework to stimulate long-term investment in nuclear through, for example, the Nuclear Illustrative Programme and the next Multi-annual Financial Framework” he adds.
This report focuses on the 3 installed nuclear capacity scenarios for 2050 included in the 2024 report developed by Compass Lexecon (on behalf of nucleareurope): 100GW, 150GW and 200GW. It aims to identify the benefits which nuclear would bring in terms of economic output, disposable household income, public revenues and jobs (direct, indirect and induced). According to the latest available data (2023), the EU nuclear industry generates
- over €250Bn in EU economic output
- €38Bn in disposable household income
- Nearly €48Bn in public revenues
- It also supports nearly 0.9Mn jobs covering a broad range of skills sets (from construction, to highly specialised nuclear engineers).
Looking ahead to 2050, the annual economic and social benefits of nuclear could be significantly greater under the 150GW scenario:
- Over €330Bn in EU economic output
- €51Bn in disposable household income
- Over €61Bn in public revenues
- Supporting nearly 1.5Mn jobs
The full report can be downloaded from here.
About us: nucleareurope is the Brussels-based trade association for the nuclear energy industry in Europe.
The membership of nucleareurope is made up of 15 national nuclear associations (EU + Switzerland, UK and Ukraine) and through these associations, nucleareurope represents nearly 3,000 European companies working in the industry and supporting around 1,100,000 jobs.
More information:
- Jessica Johnson, Communications and Advocacy Director: jessica.johnson@nucleareurope.eu
- Andrei Goicea, Policy Director: Andrei.goicea@nucleareurope.eu
