Europe has been a pioneer in nuclear technology, and can lead again - President von der Leyen at the Nuclear Energy Summit

Today we are presenting a new European strategy for Small Modular Reactors.Our goal is simple.We want this new technology to be operational in Europe by the early 2030s.And to back this we will create a €200M guarantee, to support private investment in innovative nuclear technologies.

The nuclear tech race is on. Europe has everything it needs to lead. We have half a million highly-skilled workers in nuclear. We have the ambition to move at speed and scale. For Europe to be a global hub of next-generation nuclear energy.

Europe needs homegrown, low-carbon energy sources.Nuclear & renewables together have a key role to playNuclear energy is available around the clock, providing electricity all year.Europe has been a pioneer in nuclear technology.And can lead again.

Read President von der Leyen's opening remarks here.