IAEA forecasts 2.5x growth in global nuclear energy capacity by 2050, requiring $5 trillion investment.

The IAEA forecasts significant growth in global nuclear energy by 2050, with operational capacity potentially increasing 2.5 times to between 514 and 950 GW(e). The report stresses the need for supportive policies, financing, and workforce development to achieve these goals. Despite rising public support and the inclusion of nuclear in climate goals, the agency warns that current projections may fall short of UN targets, requiring nearly $5 trillion in investment for expansion.

September 16, 2024
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