The European Commission intends to establish early next year an industrial alliance focused on small modular reactors, EC energy commissioner Kadri Simson announced last week.

Nuclear energy could provide the European Union with “up to 150 GW of electricity capacity by 2050” through the safe operation of existing nuclear facilities, the deployment of 30 to 45 new large reactors, and the development of small modular reactors, according to a statement issued last week by Europe’s Nuclear Alliance, following a meeting in Paris with European commissioner for energy Kadri Simson. Currently, nuclear energy provides the EU with about 100 GW of installed capacity.

In a much-anticipated vote yesterday, EU lawmakers voted down a resolution objecting to the European Commission’s proposal to add nuclear energy and natural gas to the list of green technologies covered by the EU taxonomy—the classification system used by the European Union to steer private investment toward environmentally sustainable economic projects.

The vote, held during the European Parliament’s July 4–7 plenary session, was 328 opposed to the resolution, 278 in favor, and 33 abstaining. An absolute majority—353 members—was required for the resolution to be passed and the proposal vetoed.

Eighty-seven members of the European Parliament sent a letter to the European Commission last week to lobby for the addition of nuclear energy to the EU taxonomy, the purpose of which is to direct investments toward environmentally sustainable economic projects to meet the European Union’s climate change mitigation and energy-mix targets.