The blackout that left millions of people across the Iberian peninsula without power, including at the Madrid Open, ignited debate over renewables and fuelled rising interest in nuclear power. More Europeans are questioning whether renewable energy can be relied on to provide a stable source of clean energy. It also fuelled a renewed interest in the global nuclear power renaissance already under way.
S&P Global: "A multidimensional nuclear resurgence: Differing drivers and challenges
S&P Global has released a new report examining the growing interest in nuclear energy as the solution to many of the problems the energy sector faces. The report, “A multidimensional nuclear resurgence: Differing drivers and challenges,” contrasts developments in the American, European, and Chinese investment in and construction of new nuclear energy technologies and infrastructure. The motivator for those differing investments is the same across the market, though: a sharp rise in the demand for energy, energy security and scalability, in the midst of growing electrification driven by the AI-boom and commitments to the decarbonization of power sources.
“As the world grapples with climate change and energy security challenges alongside steepening AI-related load forecasts, nuclear power is experiencing a global resurgence in interest,” said Emmanuel Dubois-Pelerin, EMEA utilities managing director at S&P Global Ratings and one of the report's authors.
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