A new survey of 1 477 business executives from 15 countries, including South Africa, indicates that corporates now overwhelmingly view the transition from fossil fuels to renewable electricity as key to their future competitiveness, as well as a driver of investment decision-making. Commissioned by E3G, Beyond Fossil Fuels and We Mean Business Coalition, and conducted by research and advisory company Savanta, the poll also highlights that countries risk losing investment and jobs should their government’s fail to outline policies that signal their intention to transition to renewables.
UK-based international data analytics and consultancy company GlobalData has forecast that nuclear energy generation, worldwide, will see a compound annual growth rate of 2% over the period 2024 to 2035. In numbers, this will see an increase from a global total of 2 616 TWh last year to 3 410 TWh in 2035. Global installed nuclear capacity will grow from 395 GW last year to 494 GW by 2035. A key factor in this growth will be the roll-out of small modular reactors (SMRs). “The growing focus on …
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