global nuclear power capacity will need todouble by the mid-century to reach net zeroemissions targets and give the world a chanceof capping temperature rises at 1.5 degreesCelsius above pre-industrial levels6. To reachnet-zero emissions, nuclear power capacity willneed to reach 812 gigawatts (GW) by 2050 from413 GW installed capacity at present. This wouldmean by the 2030s, an annual capacity of27 GW of nuclear power will be required toachieve this mid-century trajectory7.Certainly, it would seem a number of majorshifts point to renewed momentum fornuclear. The emergence of modular nucleartechnologies, coupled with innovativefinancing models that factor in the strategicvalue of new nuclear to decarbonisation andenergy security, are making nuclear morecommercially accessible and scalable.Once the dust settles, and thefuture of the world’s postcarbon economy becomesclear, there will be a naturalsynergy between a wholesuite of energy solutions.From nuclear to renewable,hydrogen and energy storagetechnologies, by 2030 weshould be well on the way todefining a new era of globalclean energy. By then, a newnuclear frontier will surelyhave arrived.One common thread has underpinnedthe Frontiers programme throughout: anunderstanding that the framework for newnuclear must be viewed in the global contextof the clean energy transition. Trends matter,but occasionally global shifts occur as well,and we are in the midst of a major economicand geopolitical one. Undoubtedly, these areturbulent times for energy policy.6Nuclear - Fuels & Technologies - IEAGlobal nuclear power capacity in the Net Zero Scenario, 2005-2050 – Charts – Data & Statistics - IEA728
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