Minister Urso (right) visited Newcleo's joint research centre at ENEA-Brasimone earlier this month
Their statement noted: “The two ministers confirmed their full agreement on the government’s strategic interest in Italy’s active participation in the development of innovative technologies in the sector, with a particular focus on the projects promoted by Newcleo, a leading Italian company in the design of advanced third-generation and fourth-generation reactors.” They added: “In fact, the government intends to provide concrete support to strengthen the national industrial supply chain dedicated to innovative nuclear energy, recognising its fundamental importance in guaranteeing the country’s energy security, environmental sustainability and technological competitiveness.”
Reports suggest the Italian government may invest up to €200 million (USD216 million) in Paris-based Newcleo through state-controlled entities. Newcleo welcomed this support, stating: “We are pleased that the government intends to strengthen Italy’s industrial position in this sector through concrete support for our company.” The company sees this as a boost to its efforts in developing advanced nuclear solutions.
Newcleo’s timeline includes completing a non-nuclear prototype of its lead-cooled fast reactor (LFR) in Italy by 2026. The first operational reactor is planned for France by the end of 2031, with a final investment decision for a commercial power plant expected around 2029. Earlier in February 2025, Newcleo partnered with Italy’s Danieli Group to integrate its LFR technology with steelmaking processes, enhancing industrial applications.
Italy’s Council of Ministers approved a draft law to reintroduce nuclear power, reversing a phase-out from 1987. The legislation aims to establish a framework for sustainable nuclear energy and fusion, aligning with Europe’s decarbonization goals by 2050. It focuses on energy security and environmental sustainability, with the draft now awaiting parliamentary approval.
Newcleo’s collaboration with the government reflects Italy’s renewed focus on nuclear energy. The company’s innovative reactors are poised to contribute to the nation’s energy mix, supporting both industrial growth and long-term sustainability objectives.
