EU to accelerate development of SMRs in nuclear industry

19 February 2024 | Knowledge, News, The Right Focus

On 6 February 2024, the European Commission published a Communication,[1] launching a public debate on the European Union’s 2040 climate targets. The European Climate Law[2] sets an ambitious goal for the EU to become climate neutral by 2050.

By then, interim targets (for 2030 and 2040, respectively) are also to be achieved,[3] with a gradual reduction in greenhouse gas emissions. According to the Communication, new investments in nuclear energy, among other things, can contribute to achieving these targets. In this context, the Commission has announced measures to develop small modular reactors (SMRs) in the EU.

SMRs: what they are

Nuclear technology has been evolving for several decades, with new design solutions to increase reactor efficiency, whilst reducing reactor size. SMRs are expected to be the next step in this evolution.

SMRs offer:

  • Significantly smaller size compared to conventional nuclear units
  • The possibility of being assembled often from prefabricated components, which can reduce production time and costs
  • The possibility of using nuclear energy in completely new locations, e.g. directly on industrial sites, and of combining several reactors to match energy demand

From an environmental perspective, small reactors, like their larger counterparts, generally produce no greenhouse gas emissions during operation.[4] They can therefore be a tool contributing to the decarbonisation of the energy industry, providing stable supply and low prices of energy.

SMRs: what the EU is planning

According to the Communication, all zero- and low-carbon energy technologies (including nuclear) are essential to decarbonise the energy system by 2040.

To stimulate investment in SMRs, the Commission plans to set up an Industrial Alliance to facilitate cooperation between all stakeholders in the deployment of this technology.

The EU aims to ensure a robust supply chain of components for SMRs and an associated skilled workforce. These measures are expected to accelerate the deployment of the first reactors by as early as 2030.

What an EU small-scale nuclear industry can expect

The Communication does not yet introduce specific legal mechanisms for the development of a small-scale nuclear industry in the EU. However, it undoubtedly heralds new work and legislative directions at European level that may assist the implementation of SMR projects in the coming years.

Any questions? Contact us:

Wojciech Wrochna

Bartosz Brzyski

[1] Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions ‘Securing our future. Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable, equitable and prosperous society’, COM(2024) 63 final, 6 February 2024 [accessed: 7 February 2024].

[2] See Article 2(1) of Regulation (EU) 2021/1119 of the European Parliament and of the Council of 30 June 2021 establishing the framework for achieving climate neutrality and amending Regulations (EC) No 401/2009 and (EU) 2018/1999 (‘European Climate Law’) (OJ L, 2021, No. 243, p. 1).

[3] See Article 4 of the European Climate Law.

[4] How can nuclear combat climate change?, World Nuclear Association [accessed: 7 February 2024].

Latest Knowledge

NIS2 and the National Cybersecurity System Act in transport: what you need to do before October 2026

The amended Act on the National Cybersecurity System (UKSC) has been in force since 3 April 2026. For transport sector undertakings, this means a specific compliance timeline, including an obligation to register with the National Cybersecurity System (KSC) registry by 3 October 2026. Failure to do so may result in substantial financial penalties, coupled with the risk of personal liability for senior management. Not every undertaking, however, automatically falls within the scope of the new regime. Read on to find out whether your organisation is affected and what you need to do before the deadline for preparation.

Family foundations: the government has done the maths and presented the bill

Three years. That’s how long we’ve been waiting for what the Council of Ministers had seen in the data from the outset – and has now disclosed in its review of the Family Foundation Act. The document not only diagnoses the problems, but also previews substantial changes to rules that founders and their advisers treated as settled and stable. And therein lies a problem that goes far beyond tax matters. If the rules of the game are changed while the game is being played, there can be neither planning stability nor trust in the law. It is no coincidence that one of the greatest concerns among entrepreneurs considering setting up a foundation is not the level of taxation, but the stability of the legal framework – which today is once again being called into question.

What the new swiss franc act means for banks

We now have a new Act on Special Measures for the Adjudication of Cases Concerning Loan Agreements Denominated in or Indexed to the Swiss Franc. The provisions come into force 14 days after publication. So now is a good time to look at what lies ahead and what banks should be doing today.

New draft Pay Transparency Act – what has changed since December 2025?

A second version of the draft act on strengthening the application of the right to equal pay for equal work or work of equal value between men and women has now been published. It refines procedures and deadlines and introduces a new supervisory body. We have already discussed the changes affecting the recruitment stage and the three pillars of the forthcoming pay transparency framework, noting that Poland will miss the EU transposition deadline of 7 June 2026. Now, we take a closer look at the further changes, new developments and risks that have emerged in the latest, April version of the draft.

Payment Services Regulation (PSR) – between consumer protection and due diligence

The draft Payment Services Regulation (PSR) is one of the most significant elements of the reform of the EU legal framework for payment services. Its principal aim is to enhance the security of cashless transactions and to reduce the scale of financial fraud, in particular that arising from the growth of digital channels. At the same time, the new rules are intended to introduce a liability model that will not result in risk being transferred entirely to financial institutions, whilst retaining an important role for independent due diligence on the part of the user.

Energy deregulation – key changes for businesses and energy consumers

The President has now signed the Energy Deregulation Act (UDER92). The new provisions cover both the relationships between energy undertakings and consumers, and matters relating to investment, district heating, and the administrative obligations of energy market participants. The Act introduces changes in the areas of billing, communication with consumers, grid connection, and the operations of undertakings in the energy and district heating sectors. We set out the key points to note.

Banking sector overview | Banking today and tomorrow | July 2026

Under the draft legislation, banks will be required to offer existing borrowers a switch from WIBOR-based to POLSTR-based interest rates, a mechanism intended to speed up the voluntary transition of financial instruments to the new benchmark. The banking sector has responded positively to the proposal, according to Tadeusz Białek, President of the Polish Bank Association.

“Withdraw from contract here” – what next for the new button in online shops, on trading platforms and in mobile apps?

From 19 June, national legislation was to require businesses in the European Union entering into distance contracts with consumers via an online interface to provide consumers with the option to withdraw from the contract via a dedicated function/button. However, due to Poland’s delay in transposing Directive 2023/2673, which requires the use of such a button, this obligation has been postponed in our country. We look at what remote contract withdrawal entails and which transactions the new feature will apply to.

Municipal master plans – new deadline, same old challenges

On 11 June 2026, the President signed into law a bill extending the deadline for municipalities to adopt their master plans (plany ogólne). The key deadline for adopting master plans was moved from 30 June to 31 August 2026. We examine the reasons behind this change and consider what the absence of a master plan might mean for potential investors and their future projects.