Need for clean energy, advent of SMRs driving global nuclear energy growth

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 …