The Organisation for Economic Co-operation and Development’s Nuclear Energy Agency (OECD-NEA) has today launched a series of policy briefs that examine nuclear energy’s role in the post-pandemic economic recovery. 

Today the International Energy Agency (IEA) has released an energy-focussed COVID-19 recovery plan identifying actions that will “move the world towards a cleaner and more resilient future.” Investment in existing nuclear plants, new nuclear build and supporting innovation in small modular reactors are among measures proposed to support a broad range of clean energy technologies.

Nuclear energy can play a key role in the post-COVID strategic recovery by boosting economic growth. It supports - in a cost-effective manner - the development of a low-carbon, resilient electricity infrastructure and creates jobs and economic development in the long-term.

World Nuclear Association Director General Agneta Rising said, “The IEA report is right to conclude that a coordinated policy effort will be needed to harvest opportunities including moving towards a more modern, cleaner and resilient energy sector for all.”

Barakah unit 1has received its operating license, giving the go-ahead for 60 years of operations. Agneta Rising, Director General, World Nuclear Association commented, “This is a big step towards the start-up of Barakah, which will soon supply clean and reliable electricity to the UAE for generations to come.”