Nuclear Politics

IAEA / Operating Extensions And 550 GW Of New Reactors Needed By 2050, Says Agency

By David Dalton
15 October 2021

Report says nuclear is essential, but urges governments to create a better policy framework for investors
Operating Extensions And 550 GW Of New  Reactors Needed By 2050, Says Agency
The IAEA urged governments to create a more favourable policy framework to increase investor confidence and bring lower financing costs for nuclear construction.
Nuclear power plants well suited to replace coal-fired power plants Current pace of reactor construction far slower than what is needed to achieve net zero world Limited – albeit increasing – public acceptance and policy support are obstacles to new-buildNuclear energy is key to achieving global net zero objectives, but maintaining capacity is essential, with operating lifetime extensions and about 550 GW – equivalent to about 500 large-scale reactors – needed by 2050, the International Atomic Energy Agency says.

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