
Posted: 2nd August 2026
Nuclear revival needs $250bn a year, industry says. Banks urged to unlock
private capital as governments consider more atomic energy projects. Global
annual investment in nuclear power needs to triple to about $250bn if
governments want to meet their stated energy goals, the industry’s main
lobby group said as it urged banks to channel more private capital into the
sector. Nuclear power has recently enjoyed a revival as countries around
the world seek reliable low-carbon electricity to meet rapidly rising
demand. Countries that had previously shut down nuclear stations, such as
Japan and Taiwan, are bringing them back online while German Chancellor
Friedrich Merz has said the country’s decision to shut down its plants in
2013 was a “serious strategic error”. But the industry continues to
struggle to attract investment because new plants are expensive, take years
to build and carry significant construction and political risks. Bilbao y
León the director-general of the World Nuclear Association, argued the
sums were not excessive when set against spending elsewhere in the energy
system. The International Energy Agency expects about $665bn to be invested
in renewable power globally this year, while spending on oil, gas and coal
is forecast to reach $1.2tn.
FT 29th July 2026
https://www.ft.com/content/f78ab650-062d-4058-bbcb-315901a1eeb6
World Nuclear Association: $6 Trillion Needed to Hit 2050 Capacity Goals.
As nuclear energy gains momentum amid energy security concerns and spiking
power demand, global annual investment is seriously lagging the spending
needed to reach the current capacity expansion goals, the nuclear
industry’s main body, the World Nuclear Association, said in a report on
Wednesday. A major nuclear revival is underway in Europe and the United
States amid efforts to boost clean energy and meet rising electricity
demand from AI and data centers. Separately, China and India have huge
plans to boost their nuclear power fleets in the coming decades. Even
Japan, which had turned away from nuclear energy after the Fukushima
disaster in 2011, has made a U-turn in nuclear energy policy and plans to
rely more on nuclear reactors for its power supply in the coming decades.
The country looks to have 20% of its electricity supply coming from nuclear
power by 2040, up from below 10% now. All these ambitions, however, need a
lot of investment, triple the current annual spending, to be exact,
according to the World Nuclear Association.
Oil Price 29th July 2026
https://oilprice.com/Latest-Energy-News/World-News/World-Nuclear-Association-6-Trillion-Needed-to-Hit-2050-Capacity-Goals.html
World Nuclear News 29th July 2026
https://www.world-nuclear-news.org/articles/investment-guide-targets-nuclears-usd6-trillion-challenge
Energy Live News 29th July 2026
https://www.energylivenews.com/2026/07/29/nuclear-needs-6tn-investment-surge-to-meet-2050-ambitions/