A window opens for the U.S. in global nuclear markets
Craig Piercy
piercy@ans.org
I have always enjoyed reading BP’s annual Energy Outlook. It’s usually the first major energy report of the new year, and while it is written by a fossil fuel company, it’s one with well-documented clean energy intentions. So, assuming you dial in the right “bias correction,” it’s a good hot take on macro energy trends.
The 2023 edition essentially confirms what we have all been thinking: The Russia-Ukraine war has caused “persistent effects” in the global energy landscape, which in turn have accelerated the shift to clean technologies.
Nuclear fares well. Its share of energy generation grows in all three of the report’s scenarios. In fact, only nuclear and renewables see growth as a percentage of total world primary energy between now and 2035.
