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Clean energy goals and power demands bring nuclear energy into the spotlight

July 16, 2021

Asian Power: 

The nuclear sector is slowly entering the spotlight as several corporations and countries have pledged to reach net-zero emissions by the second half of the century. With issues surrounding climate change and air pollution becoming more apparent, opportunities for the nuclear sector are also increasing.

Despite this feat, daily operations and projects on nuclear energy were affected when the COVID-19 pandemic hit the world, with some countries reaching a standstill beginning the second quarter of 2020. Fitch Solutions Infrastructure and Power & Renewables Analyst Daine Loh noted that supply chain disruptions, financial headwinds, and the interruption of business activity from the pandemic have resulted in significant delays across many projects.

More: Support for nuclear rises amidst clean energy goals, power demands

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