‘Revival’ Interrupted: World Nuclear Industry Won’t Sustain 2024 Growth, Struggles for Relevance as Renewables Surge

Although global nuclear generating capacity grew 2.9% to a record 2,663 terawatt-hours (TWh) in 2024, the industry won’t likely be able to sustain that growth in the face of limited investment, aging power plants, continuing project delays, and overwhelming competition for cleaner, more affordable renewable energy, a leading industry analyst concluded this week.