MIT Report / How Nuclear Industry Can Solve ‘Fundamental Obstacle’ Of High Capital Cost

If the global nuclear industry achieved the pace of plant construction and deployment seen in France and the US in the 1970s and 1980s, the world’s energy sector would be completely decarbonised by 2050, Jacopo Buongiorno, a co-director of the study and an associate department head of the Department of Nuclear Science and Engineering at MIT, said during a briefing on the report in Brussels.

“It is feasible based on historical data, but the important question is can we build nuclear capacity the same way today?” Mr Buongiorno told the briefing, organised by European industry group Foratom.

“Such deployment requires an industry which has sufficient manufacturing capability and resources and also a regulatory framework in place to support it.”

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