Stefano Buono - Chairman & Founder, Newcleo

Stefano Buono, Chairman & Founder of Newcleo, discusses Europe's energy challenges and the role of nuclear power in achieving energy independence and decarbonization. He highlights the shift in European countries' policies towards nuclear energy, driven by the energy crisis exacerbated by the war in Ukraine and rising gas prices. Buono emphasizes the potential of nuclear technology, particularly through recycling nuclear waste and developing smaller, modular reactors, to provide a stable energy supply. He also addresses the challenges posed by public opinion and regulatory hurdles, such as the veto power of individual countries like Austria. Buono advocates for increased investment in innovation and infrastructure to support a green transition, including exploring nuclear-powered ships to reduce maritime emissions. He stresses the need for Europe to embrace riskier investments to drive technological advancements and economic growth.