With nuclear generating capacity set to increase by 280 GWe by 2050, the biggest economic hurdle to the uptake of the latest large reactors and small modular reactors (SMRs) is cost, according to independent energy research consultancy Wood Mackenzie. “Wood Mackenzie believes nuclear should play a central role in decarbonisation for many countries,” the company said. “Under our base case, nuclear capacity expands 280 GW by 2050. Under our Global Pledges Scenario, consistent with a 2°C warming pathway, a tripling … read more »

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