Italy will consider the possibility of returning to nuclear energy

The government of Italian Prime Minister Giorgi Meloni is considering the possibility of resuming nuclear power production in Italy almost 40 years after the closure of the last nuclear reactor amid a sharp increase in energy costs. This was reported by Bloomberg on March 15, citing sources.

According to the sources, Italian officials traveled to Canada to study technological developments and spoke with French officials about their nuclear industry. Italy is also exploring options for the use of nuclear energy by South Korea and the United States.

"Italian officials are aware that it will be difficult for them to convince the population of the need to return to nuclear energy," the article says.

The article notes that Italian energy companies have set up a nuclear research company, Nuclitalia, to find out if nuclear power would be economically feasible for Rome.

It clarifies that officials are also looking for an opportunity to import nuclear technology. They are interested in both large—scale nuclear power plants and so-called small modular reactors, a new technology that, theoretically, can be built cheaper and faster.

Oil famine: the world's leading economies are opening up strategic reserves

The measure is aimed at stabilizing the market against the background of the Middle East conflict

Hungarian Prime Minister Viktor Orban announced on March 14 that it was impossible to overcome the energy crisis in Europe without energy supplies from the Russian Federation. He noted that Europeans are tolerating rising energy prices, and industry is collapsing in the region.

Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), said on March 13 that it was impossible to overcome the global energy crisis without Russian energy.

On March 9, Russian President Vladimir Putin, during a meeting on the situation on the global oil and gas market, said that Russia was ready to work with the Europeans on energy supplies, but signals of their readiness were needed. He clarified that the state may decide to transfer energy supplies from the European market to "more interesting areas" without expecting Europe itself to "demonstratively slam the door" on this initiative.

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