1、7T2se3r0Ot6kwoPa7T2se3r0Ot6kwoPaDistributed on:06/06/2025 10:51:06 GMTDistributed on:06/06/2025 10:51:06 GMT6 June 2025Deutsche BankResearch Global Economics Thematic Research Date The global renaissance of nuclear energyFor years,the majority of global investments in the electricity sector have flo

2、wed into renewable energies.At the same time,many countries want to reduce or completely eliminate coals share in electricity generation.However,despite the high investments,the contribution of wind power and photovoltaics to the global energy supply is still small.It is clear that,in the foreseeabl

3、e future,energy sources are needed that are less harmful to the climate than coal,but more powerful than(weather-dependent)renewables and can complement them well in terms of security of supply.In many countries,political support for nuclear energy is further increasing or returning.Measured by new

4、construction projects,China is the clear frontrunner,but also in many EU countries,the US,Japan,Korea,and emerging economies,there are plans to expand nuclear energy.These countries bank(also)on nuclear energy in their energy supply in order to achieve both long-term climate goals and economic growt

5、h.In addition,the major tech giants,especially from the US,want to use nuclear power(including the next generation)to satisfy the high and growing energy needs of modern data centers in a climate-friendly way.Like all energy sources,nuclear energy has significant advantages and disadvantages.This ap

6、plies to economic and ecological criteria as well as to questions of performance.Critics point to the high levelized cost of electricity(LCOE)for new nuclear power plants from an economic perspective,and the problem of radioactive waste or the risk of reactor accidents from an ecological perspective