Nuclear and Climate: Challenges and Hopes on the Eve of COP28

Nuclear energy, long considered taboo, is back in the international spotlight, promising a renaissance despite significant challenges.

Share:

Renaissance nucléaire enjeux climatiques à la COP28

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Nuclear power, once ostracized in climate debates, is enjoying an unexpected revival. In the run-up to COP28, Rafael Mariano Grossi, Director of the International Atomic Energy Agency (IAEA), highlights a significant change in attitude. Countries that harness nuclear power, once reluctant to discuss it at climate conferences, are now preparing to assert their pro-nuclear stance with pride.

Nuclear Evolution and Expansion

Although nuclear power is making progress, it is still insufficient to meet the climate targets set by the Paris agreements. Despite notable developments in the USA, Europe, China and even Africa, with Egypt at the forefront, the reality remains bleak. With only 7 gigawatts (GW) of additional capacity gained this year and 4GW last year, the world is far from the doubling or even tripling of nuclear capacity needed to achieve carbon neutrality by 2050.

Challenges and prospects

The road to a nuclear future is full of pitfalls. Political obstacles, particularly within the EU, and financial challenges are major barriers. COP28 in Dubai promises to be crucial, with France and other countries seeking to rally some forty states to the idea of tripling nuclear production capacity by 2050. This ambition, while laudable, raises questions about the feasibility and environmental and safety implications of such an expansion.

The nuclear renaissance, while promising, remains a complex journey. Current progress is encouraging, but falls short of global climate expectations. COP28 could be a decisive turning point, determining the future of nuclear energy in the fight against global warming.

Videberg Kraft AB becomes the first company to request government support to build two new reactors at the Ringhals site, under the national nuclear investment framework adopted in 2025.
The European Commission opens an in-depth investigation into Prague's public funding of a major nuclear project, which could reach €30bn ($32.88bn), with guaranteed revenues over forty years.
Niigata's assembly officially backs the restart of the Kashiwazaki-Kariwa site, marking a key step in Japan’s return to nuclear energy following the 2011 Fukushima disaster.
The Japanese government plans to fund up to 30% of loans required for nuclear projects, aiming to accelerate reactor restarts and double the share of nuclear energy in its energy mix by 2040.
French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.
The SATURNE Industrial Chair aims to develop innovative uranium extraction methods, with joint funding from Orano and the National Research Agency over a four-year period.
US-based X-energy has signed a reservation agreement with South Korea's Doosan Enerbility to secure key components for its small modular nuclear reactors.
Niger expands its mining alliances with Uranium One to develop new sites, while the Dasa project continues seeking financing despite clear political backing.
Samsung Heavy Industries has received Approval in Principle for a floating nuclear plant featuring two SMART100 reactors, marking a step toward the commercialisation of offshore small modular reactors.
The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
Samsung C&T strengthens its presence in modular nuclear energy in Europe by signing an agreement with Synthos Green Energy to develop up to 24 SMRs in Poland and several Central European countries.
Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.