Reports from international energy agencies and global energy market analyses

US Plans to Triple Nuclear Power by 2050 Amid Global Trend and Growing Demand

Nov 21, 2024, 02:05 AM

The United States has unveiled a plan to triple its nuclear power capacity by 2050 in response to soaring demand. This initiative is part of a broader global trend, with over 20 countries pledging to significantly increase their nuclear capacity. The resurgence of nuclear energy, which includes both fission and fusion technologies, is driven by growing public support and the need for sustainable energy solutions. Research indicates that fission, which has been powering the US grid since the 1950s, remains the most viable option. Public support for nuclear power has reached its highest level in over a decade, reflecting a shift in energy preferences. Experts warn that uranium shortages are guaranteed within 10-20 years.