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413 GW
nuclear power capacity globally a critical role in enabling development across the energy mix, not just in nuclear. Stable, long-term policy frameworks are essential for providing businesses with confidence over longer term planning and investment decisions across financial and technological domains.
Governments can support businesses by accelerating public sector processes; approving permits with greater speed and ambition; creating clear and consistent regulatory environments; and providing investment signals that translate into action by businesses.
Q. WHAT CHALLENGES IS NUCLEAR POWER FACING?
ยป According to the IEA report The Path to a New Era for Nuclear Energy, the renewed momentum behind nuclear could lead to a record breaking year in 2025. With 70 GW of new nuclear capacity under construction globally, it represents one of the highest levels in the last three decades.
We know that initial capital costs remain a challenge, along with the need for continued technological innovation. However, emerging technologies like SMRs are addressing many of these concerns by offering more flexible, safer and potentially more economical solutions.
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