The European Nuclear Alliance currently comprises Bulgaria, Croatia, the Czech Republic, Finland, France, Hungary, the Netherlands, Poland, Romania, Slovakia, Slovenia and Sweden, plus Belgium and Italy as observers.

The law article aims to maintain the existing nuclear fleet (63 GW). It also aims to raise nuclear capacity by 27 GW by 2050

However, the country reaffirmed its commitment to a €4bn subsidy package for producers of low-carbon hydrogen (compared to H2 from fossil fuels) to support the commercialisation and industrialisation of early-stage hydrogen projects and the development of necessary regulatory frameworks and infrastructure.

Meralco signed a two-year memorandum of cooperation with EDF, under which EDF will provide technical and strategic support to Meralco for a feasibility study focused on site activities, power system integration, and the economic viability of nuclear power in the energy mix.

In October 2023, the board of directors of Orano approved an investment of about EUR1.7 billion to raise the production capacity of the plant. The decision followed requests from some US and European customers who are seeking alternatives to Russian sources of supply.

With strong interest already secured from its financial partners, Fluidstack's Phase 1 of the project will be supported by an initial investment of EUR10 billion (USD10 billion) and is set to become operational in 2026. The facility's Phase 1 will ultimately host about 500,000 next-generation AI chips.

In July 2022, the European Parliament voted to include certain nuclear and gas activities within the European Union's list of officially approved "green" investments.

China and France are two of the world's biggest generators of nuclear energy, with both having large-scale plans to expand capacity in the coming years.

The lawmakers said exempting EDF from U.S. sanctions would allow it to purchase a subsidiary of a U.S. company that had been engaged in nuclear power projects with Rosatom in Hungary, Turkey and Egypt, projects that have been suspended for years due to sanctions.

France and Sweden will "promote a regulatory, industrial and financial framework favourable to the realisation of nuclear installation projects with a high level of safety and ensuring institutional support for nuclear energy in compliance with the principle of technological neutrality and with the objective of strengthening Europe's sovereignty and energy security".