Governments in Canada, the U.S. and abroad along with tech giants are all eyeing nuclear power to meet a growing demand for electricity and climate goals at the same time.
Just days ago, the U.S. announced plans to triple its nuclear capacity by 2050. Tech giants Google, Amazon and Microsoft are tapping nuclear to support their power hungry AI services.
Closer to home, Ontario is refurbishing old nuclear plants and building new ones. There has also been interest in building new nuclear plants in New Brunswick, Alberta, Saskatchewan and Quebec.
Abroad, China has more than doubled its nuclear power capacity in the past decade. The World Nuclear Association says dozens of other countries are considering, planning or starting nuclear power programs. At the UN climate summit COP29 this month, six more countries signed a declaration to triple nuclear energy by 2050, bringing the total signatories to 31.
Here’s a closer look at why there seems to be renewed interest in nuclear, despite …