Jan 21, 2022 - Energy & Environment

The growing financial support for nuclear energy

Global investments in nuclear power
Reproduced from Rystad Energy; Chart: Axios Visuals

Investment in nuclear energy is slated to rise in the next couple of years as countries "seek greener, low-carbon alternatives to fossil fuels," the consultancy Rystad Energy said in a new analysis.

By the numbers: There are 52 reactors under construction across 19 countries that, once completed, will add 54 gigawatts of installed capacity.

Yes, but: The firm points out that reactor construction is a yearslong process, so in the near term a decline in capacity is likely because some old plants are shutting down.

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