Filling Nuclear Power’s $5T Hole Is Beyond the Banks

Nuclear-energy officials faced disappointment in Brussels as bankers were hesitant to support their ambitions due to high costs. Despite public support, lenders were cautious about the financial implications of expanding atomic power. The International Atomic Energy Agency organized a summit to promote nuclear energy as a crucial tool in meeting climate targets. A group of Western countries committed to tripling nuclear generation by 2050, highlighting the importance of low-emissions technology. The divide between enthusiasm for nuclear energy and financial hesitancy among lenders underscores the challenges ahead for the industry.

https://www.bloomberg.com/news/articles/2024-03-22/filling-nuclear-power-s-5-trillion-hole-is-beyond-the-banks

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