Nuclear energy promises an available and adaptable source of zero-carbon energy. As such, it is poised to play a significant role in the global drive to achieve net-zero carbon emissions by 2050. While some energy companies and governments have recently announced plans to phase out their use of nuclear power, others are looking at nuclear power as a tool to mitigate the rising cost of oil and gas and to reinforce their energy security.
In an article published in Project Finance International, our nuclear and project finance lawyers discuss government policies on nuclear power, the challenges associated with expanding nuclear power, and other recent developments—including with regard to advanced reactors.