Group Projects 100-GW Rise in Global Nuclear Power Capacity Across Next Decade

A new report from GlobalData, a data and analytics group, projects global nuclear power capacity will hit 494 GW by 2035. The group’s “Nuclear Power Market, Update 2025–Market Size, Segmentation, Major Trends, and Key Country Analysis to 2035” said capacity gains will be tied to advancements in deployments of small modular reactors (SMRs), along with the continuing worldwide shift to cleaner forms of energy. The report released April 21 said recent gains in nuclear power have been driven by moves toward more low-carbon baseload power. Measures promoting energy security, in addition to interest in decarbonization of industrial sectors, also is...