Nuclear Power’s Role Essential For Post-Pandemic Recovery :: The Independent Global Nuclear News Agency

Nuclear Power’s Role Essential For Post-Pandemic Recovery :: The Independent Global Nuclear News Agency: The role of nuclear power in the energy mix needs to be maintained as the world seeks to overcome the fallout from the coronavirus pandemic, with many facilities facing financial challenges because of lower revenues, heightening the risk of early retirements and limiting the prospects for new investment, the International Energy Agency said.



In a report which offers a post-pandemic recovery plan for the energy sector, the Paris-based agency says hydropower and nuclear power are the two largest sources of low-carbon generation, together providing 70% of all low-carbon electricity.



However, many facilities are ageing and face financial challenges because of lower revenues as a result of the pandemic, heightening the risk of early retirements and limiting the prospects for new investment.