Novak: Market share of nuclear energy to reach 20% by 2050

Energy
  • 16 October, 2023
  • 12:53
Novak: Market share of nuclear energy to reach 20% by 2050

The share of nuclear energy in the global energy balance will increase from the current 10% to 20% by 2050, Russian Deputy Prime Minister Alexander Novak said, Report informs via TASS.

“Such energy sources [nuclear power plants] will be in greater demand. Because the nuclear industry is very capital-intensive. And construction takes quite a long time. But what is important is that new technologies will appear,” Novak added.

According to him, Russia has long become a world leader in the field of nuclear energy and will therefore occupy one of the main places in this market.

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