Jan 21, 2022 - Energy & Environment
The growing financial support for nuclear energy
- Ben Geman, author of Axios Generate
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.
Go deeper: Bill Gates' TerraPower to build $4B nuclear power plant in Wyoming