A new nuclear plant at the south-western Italian town of Encina will be able to produce enough electricity to power more than a million homes, with power from its molten salt reactor producing enough energy to provide power for as many as 4.2 million homes.
It is the first of three nuclear plants to be built in Italy over the next two decades.
The plant, which is part of the country’s ambitious Renewable Energy Plan, will have a capacity of 50 megawatts and will be the first in Europe to produce electricity from its nuclear waste.
“The plant is the most efficient way to generate electricity and we expect to generate around 200,000 kWh per year.
It’s also one of the cheapest,” Enel, the state utility, said in a statement.”
With the new power plants, the country is aiming for a 100 per cent electricity production from renewable energy,” the utility said.
Italy has been struggling to keep pace with its soaring energy costs.
Italy is on course to become the world’s second-most energy-expensive country, after China.
In 2017, its energy bill jumped by an average of almost 2.6 per cent per year, according to the International Monetary Fund.