COP31: Nuclear declaration gains support of 8/10 largest economies

Staff
By Staff
2 Min Read

As of today, the Declaration to Triple Nuclear Energy is now backed by 39 countries, having been joined by six during the COP31 summit so far.

The countries endorsing the declaration account for two thirds of world energy consumption, marking a large step forward in acceptance and support of nuclear as an upcoming energy boom.

Dr Sama Bilbao y León, Director General of World Nuclear Association said: “When 22 countries launched this Declaration at COP28, it was a statement of intent. Three years on, 39 countries stand behind it, and the conversation has moved from whether we triple nuclear capacity to how fast we can deliver it. That depends on decisions made in the next few years: making the most of the existing fleet, completing projects under way, committing to the next ones, unlocking investment, and investing in people and supply chains.

There is one more ask for COP31. The Presidency’s pledge to raise electricity to 35% of final energy demand by 2035 is a welcome ambition, but it does not specifically acknowledge the role nuclear could play. Reactors already under construction will add around 88 gigawatts by then, including four reactors here in Türkiye, and more will come from reactors due to start construction over the next few years. Clean energy should be treated on equal terms.”

Preceding the event, World Nuclear Association released a report which stated that global nuclear capacity could reach 1467 GWe by 2050, exceeding the target set in the Declaration to Triple Nuclear Energy, if government targets are met.

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