Large, scientifically complex technologies such as nuclear power and small modular reactors have an important role to play in achieving net-zero targets, but need direct government investment in the early phases of development, in tandem with action to create more market value, according to a report released on 2 July by the International Energy Agency.
The report assesses the ways in which clean energy innovation can be significantly accelerated to achieve net-zero emissions while improving energy security in time to meet international climate and sustainable energy goals.
It concludes that without a major acceleration in clean energy innovation, countries and companies around the world will be unable to fulfil their pledges to bring their carbon emissions down to net-zero in the coming decades.
…