Net Zero Nuclear Industry Pledge backed by 120 companies

[NNadir]

Net Zero Nuclear Industry Pledge backed by 120 companies

Subtitle:

The Net Zero Nuclear Industry Pledge, which commits to a goal of at least tripling nuclear capacity by 2050, was unveiled at an event at the UN's COP28 climate change summit taking place in Dubai, United Arab Emirates.

Excerpts:

The companies signing up to the pledge operate in more than 140 countries and have now committed to supporting the same large-scale expansion of nuclear energy as the governments of 24 countries who have backed a Ministerial Declaration with a similar 2050 goal.

Sama Bilbao y León, Director General of World Nuclear Association, which represents the nuclear industry worldwide, said: "Nothing less than this ambitious, but achievable, target will be enough to deliver the scale of contribution needed from nuclear energy to achieve sustainable economic development, and avert the devastating consequences of unchecked climate change."

The Net Zero Nuclear Industry Pledge notes "that since 2000, nuclear generation has supplied, on average, 2500 TWh of electricity each year, and that, worldwide, nuclear reactors now supply around 10% of the world’s electricity, and around one-quarter of all clean, low-carbon electricity" and also that the International Atomic Energy Agency forecasts a substantial increase in electricity demand by 2050...

...Maria Korsnick, President and CEO of the Nuclear Energy Institute in the USA, said there had been a sea-change for nuclear energy, noting that it not only brings carbon-free energy, but also high reliability, jobs and energy security and said that nuclear energy was one area of bipartisan agreement in the USA...

Sama Bilbao y León made clear that she was not claiming that it would be easy, that there were supply chain and work force requirements to address.

My favorite, by far, remark in the in the article came from John Gorman of the Canadian Nuclear Association:

(There has been remarkable progress)...with the momentum that is happening around the world in terms of his pragmatic recognition that this is about math, it's about physics, it's not about theology of some sort ... we understand that doubling or tripling the amount of clean electricity that is produced is going to be a very significant challenge...

I'm proud to say my son will be on the front lines of the effort to save what is left to save, and restore what can be restored.

[jpak]

1. Net Zero spent fuel?

Cool...