Work Area
Advanced Nuclear
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Nuclear energy stocktake: At COP30, momentum meets regulatory and financing realities
From Washington to Brussels, governments are increasingly placing nuclear energy at the heart of their clean energy and industrial strategies.
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Illinois fully lifts decades-long nuclear moratorium in an important step toward securing clean, reliable, affordable grid
SPRINGFIELD, Il. – Yesterday, the Illinois General Assembly passed the Clean and Reliable Grid Affordability Act (CRGA), which includes a provision that lifts the state’s remaining nuclear moratorium. “The assembly’s action to fully lift the state’s nuclear moratorium will help Illinois achieve its climate goals while supporting grid reliability and…
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Nuclear Energy and Europe’s Energy Crossroads
Co-authored with Alan Ahn, Deputy Director for Nuclear, Climate and Energy Program, Third Way The EU stands at an energy crossroads The past few years have made one thing clear: energy security is an important element of overall security. The European Union’s industrial and geopolitical stability has long been exposed to external shocks and dependencies. Today, as the bloc seeks to rebuild its industrial base and assert strategic sovereignty, nuclear…
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Collaboration, standardization, and sustainable finance take the spotlight at IAEA’s 69th General Conference
At the 69th General Congress of the International Atomic Energy Agency (IAEA) in Vienna, delegates emphasized that while nuclear power is providing more clean, 24/7 baseload energy than ever before, the growing demand for gigawatts of new capacity will require a clear, transparent, and standardised nuclear energyecosystem. Today’s global nuclear energy capacity sits at 377 GW, with 417 commercial nuclear power reactors operating worldwide. Depending on the pace of deployment, IAEA projects that capacity could increase to 992 GW by 2050 in a high-case scenario or to…
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EIB Climate Bank Roadmap 2026-30: Strengthening the EU’s climate action toolbox through strategic sustainable finance
Introduction Climate change arguably remains the most urgent challenge of our time. Record-breaking temperatures month after month and increasingly deadly and economically devastating climate disasters demonstrate that decisive and sustained action is still needed to cut planet-warming emissions. While other priorities for public funding and support have emerged, addressing climate…
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Advanced Nuclear Energy Supply Chains
The Opportunity Advanced nuclear energy is uniquely positioned to meet growing U.S. Advanced nuclear energy is uniquely positioned to meet growing U.S. energy demand, support American energy independence, provide reliable and affordable clean power, and create jobs. Fission reactors rely on several niche materials to operate efficiently and safely. Foreign Entity of Concern (“FEOC”) provisions for 48E, 45Y, and 45X tax credits should…
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Energising the EU: How Nuclear Energy Can Help Decarbonise European Industry
Heavy industries account for over half of Europe’s energy consumption, much of which goes toward heat production – a sector that still widely uses fossil fuels and is thus a major risk to the EU’s ability to decarbonise. Emissions from heavy industries are mostly attributed to high-temperature heat and round-the-clock…
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SMR Alliance Positions Europe for Next Phase of Nuclear Deployment
The European Industrial Alliance on Small Modular Reactors (SMRs) sent a clear signal this week: nuclear energy will be central to Europe’s clean energy transition and to the competitiveness of its industries. In his closing remarks at the group’s second General Assembly, EU Commissioner Dan Jørgensen declared that SMRs are essential for climate objectives and that “there is no scenario where we can stay…
