Nina Chestney of Reuters reports that global nuclear power capacity needs to double by 2050 to reach climate goals, according to the International Energy Agency.
- Through the 2030s nuclear capacity will need to increase by 27GW each year.
- The report also found that nuclear energy generation is projected to shrink by a third in advanced economies due to plant closures and stalled investments.
- The United States can increase nuclear power generation by investing in next-generation technology and reducing regulations to accelerate innovation.
“Advanced economies have nearly 70% of global nuclear capacity but the fleet is ageing. Investment has stalled and the latest new projects have run far over budget and behind schedule, the report said.”
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