OECD Conference Outlines Global Nuclear Energy Targets and Industry Needs

The OECD Nuclear Energy Agency and the U.S. Department of Energy co-hosted the 4th Roadmaps to New Nuclear conference in Paris from September 17 to 18. OECD Secretary-General Mathias Cormann presented findings indicating that approximately 80 GW is currently under construction across 15 countries. He noted that 38 countries are considering a return to tripling global nuclear capacity by 2050.

Cormann stated that the global shift toward new nuclear capacity is influenced by factors including rising electricity demand and geopolitical events such as the situation in Hormuz and Ukraine. The conference highlighted that successful implementation requires government support in areas such as long-term energy policy, finance access, and trusted supply chains.