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Call for banks to back nuclear energy projects

The global nuclear industry
is asking major banks to fund nuclear projects to [?] meet net zero goals and
improve energy security. Nuclear energy is increasingly being discussed as
a key component in global efforts to improve energy security. At the
“Roadmaps to New Nuclear” conference in Paris, nuclear industry
associations from various countries, including the US, UK, Canada and
France, urged international financial institutions to support new nuclear
projects.

The call was directed at organisations such as the World Bank,
asking them to include nuclear energy in their funding portfolios to help
nations meet their low carbon energy goals. This push aims to expand
nuclear energy capacity alongside renewable energy by 2050,
Industry groups also highlighted the potential to decrease reliance on
Russian nuclear technology.

Energy Live News 20th Sept 2024

September 23, 2024 - Posted by | business and costs

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