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Europe's energy crisis demands nuclear revival and AI-driven independence

Europe faces growing pressure to reduce its reliance on Russian and Chinese energy while meeting the rising demands of AI development. A new push for nuclear power and advanced technology could help secure the continent's future. Experts warn that without urgent action, Europe risks falling behind the US and China in both energy independence and industrial strength.

A recent report led by former Italian Prime Minister Mario Draghi suggests Europe may need two Marshall Plans to rebuild its industrial base. The proposal highlights the need to match the scale of US and Chinese investments in technology and energy. Meanwhile, the EU's Mattei Plan, part of the Global Gateway initiative, offers a framework for stronger economic ties with Africa, aiming to reduce dependencies on rival powers.

The US and UK have already taken steps to cut reliance on Russian nuclear fuel by 2028. Europe, however, still depends heavily on Russian LNG, though a gradual ban is now under discussion. At the same time, the continent remains vulnerable to hybrid threats, including cyber-attacks, sabotage, and AI-powered drones. Nuclear energy is seen as a key solution to both energy security and AI's growing power needs. Reviving the sector could stabilise electricity prices, reduce reliance on foreign supplies, and boost competitiveness. Yet challenges remain—US small modular reactor (SMR) projects have faced setbacks, including the cancellation of NuScale's Utah plant in 2023, and no new nuclear plants are currently under construction in America despite government support. Europe's dependence on China for critical raw materials also poses a security risk, giving Beijing political leverage. To counter this, the Draghi report urges faster diversification, stronger nuclear investment, and deeper integration of AI into energy and defence systems.

The path forward requires Europe to speed up its shift away from Russian and Chinese dependencies. Expanding nuclear power and AI integration could strengthen energy security, lower costs, and improve defences. Without decisive action, the continent may struggle to keep pace with global competitors in the years ahead.

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