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Commodities

World Nuclear Association: $6 Trillion Needed to Hit 2050 Capacity Goals

Oilprice.com · 1h ago · 🇺🇸 United States

World Nuclear Association: $6 Trillion Needed to Hit 2050 Capacity Goals

As nuclear energy gains momentum amid energy security concerns and spiking power demand, global annual investment is seriously lagging the spending needed to reach the current capacity expansion goals, the nuclear industry's main body, the World Nuclear Association, said in a report on Wednesday. A major nuclear revival is underway in Europe and the United States amid efforts to boost clean energy and meet rising electricity demand from AI and data centers. Separately, China and India have huge plans to boost their nuclear power fleets in the coming…

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