Governments need to “invest urgently” in a combination of nuclear, renewables, energy storage, combined cycle gas turbines with carbon capture, and hydrogen as part of the effort to transition to a carbon-free future and help countries achieve energy security, a white paper by GE says.
The paper calls for financing frameworks that facilitate access to capital for new and existing nuclear plants. It says a licensing process should be in place that enables safe operations and does not cause unnecessary cost increases or delay.
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