Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie

National governments will need to address more than just competitive costs and innovations. 

A nuclear renaissance is possible if governments are able to address key hurdles, Wood Mackenzie reported. 

Beyond innovating and bringing down nuclear power to more competitive costs, governments looking to develop nuclear power will also have to address safety and faster regulatory reviews. 

Read more: Increased investments could lower SMR cost to competitive levels by 2050

There is also a need to continue the expansion of grids to accommodate nuclear capacity.

“The energy industry has a track record of technological breakthroughs during periods of high commodity prices and strong policy support,” David Brown, director, Energy Transition Service for Wood Mackenzie, said. 

“If these areas are addressed, a renaissance is possible.”


Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


PLN Icon Plus provides bundling solutions to expand PV Rooftop services
The company utilised the PLN app, downloaded by 43 million users, to streamline installations and monitor energy consumption efficiently.  
Cambodia’s 18-year energy plan sets ambitious targets for renewables
To attain energy security, Cambodia will have to overcome investment challenges, cut wasteful consumption, and review pricing policies.