# EDF, Edison, Ansaldo team up to develop nuclear power in Europe
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-03-06
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: EDF and partners exploring nuclear energy development in
Meta Description: French power group EDF, its Italian arm Edison, Ansaldo Energia, and Ansaldo Nucleare are considering a partnership for nuclear energy in Europe. Learn more.
URL: https://financedigest.com/edf-edison-ansaldo-team-up-to-develop-nuclear-power-in-europehtml

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MILAN (Reuters) – French power group EDF, its Italian arm Edison, Italy’s Ansaldo Energia and its unit Ansaldo Nucleare are assessing whether they can cooperate on the development of nuclear energy in Europe, they said on Monday.

Under a letter of intent signed by the four, the cooperation would support EDF’s new nuclear projects, specifically small modular reactors.

The agreement also aims to restart a debate on the role of atomic energy in Italy, which ceased using nuclear generation in 1987 after Italians voted against it in a referendum.

Interest in [nuclear power has been revived as Europe seeks](https://www.financedigest.com/france-seeks-strategy-as-nuclear-waste-site-risks-saturation-point.html "France seeks strategy as nuclear waste site risks saturation point") alternatives to Russian gas, as well as to reduce carbon emissions.

The agreement “will reinforce the European [supply chain](https://www.financedigest.com/how-to-bring-immediacy-back-to-the-supply-chain-with-faster-payments.html "How to Bring Immediacy Back to the Supply Chain With Faster Payments") of our technologies in a context where many European countries are planning for new nuclear programmes,” Vakis Ramany, EDF’s Senior Vice President, said.

(Reporting by Federico Maccioni, editing by Barbara Lewis)


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