LATE last month, as a follow-up to an enthusiastic but noncommittal pledge at the COP28 climate summit in Dubai by a group of mostly Western countries to triple the amount of electricity generation from nuclear power by 2050, the International Atomic Energy Agency convened a summit in Brussels to bring together national nuclear energy officials and leading banks.
And what of the much-acclaimed, 'game-changing' small modular reactor technology? As far as the bankers in Brussels were concerned, this wasn't even a topic worth discussing, as SMRs are, for all intents and purposes, purely imaginary at this point.
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