The US Department of State and US Export-Import Bank have announced a suite of financial tools to support the deployment of advanced nuclear energy systems to help reach net-zero goals. They also announced plans to mobilise more than USD4.2 billion of investment in enrichment and conversion capacity through the five-nation Sapporo 5 collaboration.
During a Nuclear Energy Forum, held in Sapporo, Japan, alongside the meeting of G7 ministers on climate, energy and environment, a declaration was issued by nuclear trade associations emphasising the importance of nuclear energy for transition a.
World Nuclear Association and nuclear trade associations from Canada, Japan, Europe, the UK and the USA have issued a declaration calling on G7 governments to support the long-term operation of existing nuclear power plants and to accelerate the deployment of new nuclear power plants.
European industry body Foratom is hopeful that a new conversation around nuclear energy in light of the continent's gas crisis will bring the policy framework needed for it to make a major contribution to 2030 energy targets, a Moody's webinar heard.