‘Nuclear Comeback’ / Policies Paving Way For New Reactors, But Massive Investment Needed, Says IEA

China could lead way in expansion, accounting for one-third of all new capacity to 2050

Policies Paving Way For New Reactors, But Massive Investment Needed, Says IEA

Nuclear power capacity could more than double from 417 GW in 2022 to 916 GW in 2050 with a changing policy landscape opening opportunities for a nuclear comeback, although annual investment of over $100bn (€94bn) could be needed, the International Energy Agency said.

The IEA, in a report entitled Net Zero Roadmap, published on Tuesday morning (26 September) said despite this growth, the share of nuclear power in generation could decline slightly from 9% in 2022 to 8% in 2050.

Want to keep reading?

Register free and get full access to NucNet for 14 days. No card required.

Republish or license this article

MORE THAN 30 YEARS OF NUCLEAR INDUSTRY REPORTING.

Subscribe for full access to every article, the archive and the SMR and AMR database.

Join NucNet