Energy Security Underscores New Nuclear Momentum

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Energy shortages prompted by the war in Ukraine, alongside the momentum toward carbon-free energy, have boosted the global appetite for new nuclear this past year, with governments from the UK to Poland to Kazakhstan firming up and even expanding their nuclear ambitions. Notwithstanding Russia's decision to invade Europe's largest nuclear power plant in March, the enthusiasm seemed only to grow. Nuclear power is "set to make a comeback," International Energy Agency Executive Director Fatih Birol declared in June, while French President Emmanuel Macron touted a new "French nuclear renaissance" as he ordered 6-14 new reactors be built. Japanese Prime Minister Fumio Kishida joined the chorus, calling nuclear "indispensable" as he pushed for restarts and even "innovative [new] reactors” in the 2030s.

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