Italy to present plan by end of year to revive nuclear energy
Adds additional minister's comments on subsidies, background
ROME, Oct 9 (Reuters) -Italy aims to introducea draft law by the end of the yearallowing the resumption of domesticnuclear power production,Energy Minister Gilberto Pichetto Fratin told a parliamentary hearing on Wednesday.
The law - which will need to be approved by parliament - aims to create a favourable environment for private investments also through state financial support for the early stages of nuclear projects in the country, Pichetto said later in the day, speaking during a Q&A session in parliament.
Nuclear fission as a source of energy is a controversial topic in Italy, where nuclear-fired power plants are banned following referendums in 1987 and 2011. Those votes were influenced by the Chernobyl disaster in the former Soviet Union and thenthe backlash after the issues at Fukushima in Japan.
The minister has recently appointed a legal expert to study how power stations based on new nuclear technology including small modular reactors (SMRs) and advanced modular reactors (AMRs), which the government believes could support its green energy transition, could be exempted from the ban.
During the parliamentary hearing, Pichetto said that Italy would be able to save 17 billion euros ($18.6 billion) on the cost of decarbonising the economy by 2050, should it include at least 11% of nuclear power in its energy mix.
Despite the ban, Italy has retained expertise in the sector.
State-controlled utility Enel ENEI.MI operates nuclear power stations in Spain and energy major Eni ENI.MI is investing in a project to develop a nuclear fusion reactor in the United States.
($1 = 0.9124 euros)
Reporting by Francesca Landini and Giuseppe Fonte, writing by Giulia Segreti and Francesca Landini, editing by Alvise Armellini and Keith Weir
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