Today, with 400 GW of installed capacity and about 10% of the world’s electricity mix, nuclear is the first source of low carbon electricity in advanced countries and the second in the world after hydropower. NEA states that by 2040, nuclear capacity is expected to increase by 35% from today’s levels. This translates to a doubling of the current annual rate of capacity additions. Reaching this deployment of nuclear power would require the long-term operation of existing nuclear power plants, new nuclear builds of large Gen-III reactors, and emerging technologies such as SMRs.
By 2050, the NEA states that nuclear electricity generation can avoid over 2 gigatonnes (Gt) of CO2 per year. In addition, nuclear energy offers unique opportunities to deliver valuable non-electric applications, ranging from district and industrial heat applications, desalination, and large scale hydrogen production that can play a significant role in the circular carbon economy.
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https://www.cceguide.org/guide/
https://www.cceguide.org/wp-content/uploads/2020/08/03-NEA-Reduce.pdf