Newcleo

Newcleo pioneers next-generation nuclear energy with its lead-cooled small modular reactors, targeting 200 MWe per unit. Its innovative technology uses recycled nuclear waste as fuel, reducing waste volume by 30% compared to conventional reactors. This approach makes Newcleo faster than the average deployment timeline for small modular reactors, with a planned 2032 commercial launch. In a cost comparison, Newcleo's levelized cost of electricity is estimated at €60/MWh, cheaper than the typical rival's €75/MWh, and it outperforms #9 Credimi in long-term energy impact. With a €400 million funding round in 2025, Newcleo exemplifies Italy's push into clean energy innovation.