A steep decline in nuclear energy capacity will threaten climate goals and power supply security unless advanced economies find a way to extend the lifespan of their reactors, the International Energy Agency said. Despite that, however, IEA estimates that the 36 per cent share of clean energy sources in global power supply in 2018 was the same as two decades ago because of the decline in nuclear. The IAE says renewables like wind power have increased in advanced economies, but the decline in nuclear has left the clean energy share of the global power supply unchanged in 20 years. "Without action to provide more support for nuclear power, global efforts to transition to a cleaner energy system will become drastically harder," Birol said. The report says investment in renewables, such as solar, would have to increase fivefold to offset the decline of nuclear.

Source: CBC News May 27, 2019 23:48 UTC