Reports / Reports

The Role of Nuclear Energy in Powering Universal Energy Abundance for Emerging Economies

In recent decades, the role of nuclear has diminished in many national energy transition strategies. However, rising energy demand and growing energy security concerns have led to renewed interest in nuclear energy as a reliable, non-emitting source of baseload power. New analysis by Bayesian Energy, supported by The Rockefeller Foundation, examines how next generation nuclear technologies could help emerging economies meet rapidly rising electricity demand and provide communities with clean, reliable, and affordable power.

This report takes an evidence-based approach to exploring nuclear deployment across Brazil, Ghana, India, Indonesia, Nigeria, Philippines, Rwanda, and South Africa, which are home to more than 2 billion people and among the fastest-growing energy markets in the world.

The findings suggest that under the right policy and regulatory conditions, nuclear power — including small modular reactors (SMRs) — could play a more meaningful role in these countries’ energy futures than previously assumed, including delivering up to 20% of electricity generation and lowering system costs by up to 31% by 2050.

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