COP29 in Baku: A Landmark Event for the Global Nuclear Industry

Wedoany.com Report-Nov 25,As COP29 in Baku draws to a close, our Director General, Dr Sama Bilbao y León, reflects on what has been a fabulous conference for the global nuclear industry. The momentum for nuclear energy as a central player in the clean energy transformation continues to build, marked by significant milestones and broader discussions about its potential. We are now watching patiently, on behalf of the global nuclear industry, for the results of the final negotiations.

Milestones Achieved at COP29

One of the highlights of COP29 was the addition of six more countries to the declaration to triple global nuclear capacity by 2050. This growing coalition of the ambitious reflects the increasing recognition of nuclear energy’s essential role in meeting the Paris Agreement goals in a cost-effective and equitable way.

The discussions around nuclear energy have also expanded beyond electricity. Nuclear is now recognized for its potential to provide 24/7 energy solutions—not just electricity but also heat—making it a versatile tool for decarbonizing entire economies. This shift has gained interest from new industries, and countries eager to explore how nuclear can support their transition to net-zero emissions.

Nuclear Net Zero Pavilion: A Hub of Activity

The Nuclear Net Zero Pavilion was a hive of activity throughout COP29, attracting delegates from across the globe. Visitors engaged in discussions, learned about the transformative role of nuclear energy, and explored partnerships to advance clean energy goals. The pavilion also served as a platform for thought leaders and organizations to collaborate, through a number of events, emphasizing the need for all clean energy sources to work together in addressing climate change.

Priorities Ahead of COP30

Looking ahead to COP30 in Brazil, the global nuclear sector is determined to maintain the momentum. Here are the key priorities:

Expanding the Declaration to Triple Global Nuclear Capacity

Currently 31 countries have joined the declaration. Next year the goal is to bring even more countries into the commitment to triple global nuclear capacity by 2050.

Building Industrial Partnerships

The nuclear industry aims to collaborate with a broader range of sectors, encouraging them to join the industry pledge. These partnerships are crucial for attracting interest from the financial community and engaging with multilateral development banks on the pivotal role of nuclear in clean energy transformation.

Supporting National Determined Contributions (NDCs)

Many countries are expected to incorporate nuclear energy into their NDCs as a key technology for decarbonization. The nuclear sector will actively support these efforts, ensuring that nations have the tools and knowledge needed to achieve their goals.

Fostering Collaboration Across Clean Energy Industries

A unified approach is essential to solving the climate crisis. The nuclear sector will continue working with other clean energy industries to build a comprehensive and effective strategy for achieving net-zero emissions.

The Road to Net Zero

The road to net zero requires ambitious actions, and the nuclear sector is fully committed to playing its part. As COP29 demonstrated, nuclear energy is not just a piece of the puzzle - it is a cornerstone of the clean energy future.

On our journey to COP30 we look forward to continuing our work with the rest of the nuclear sector and with all other clean energy technologies, so together we can combat climate change in a manner that is equitable and cost effective.

See you next year in Brazil at COP30.