GEH's headquarters in Wilmington, North Carolina. Image courtesy GEH. 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.

According to GE nuclear power is the largest source of carbon-free electricity generation and should continue to be a pillar in the energy transition to a carbon-free future and in helping countries achieve energy security.

GE has built more than 65 reactors in 10 countries. Its steam turbine technology operates in 50% of the world’s nuclear plants.

Date: Wednesday, 30 June 2021
Original article: nucnet.org/news/ge-calls-for-government-action-on-nuclear-6-2-2021