Global Nuclear Expansion Nears 500 Reactors by 2030 Amid India, Russia Partnerships

Nuclear energy is experiencing a resurgence globally as countries seek reliable, clean power to meet rising demand and climate goals, despite past challenges such as costly delays and budget overruns exemplified by the US Plant Vogtle project. Saskatchewan is actively promoting its nuclear capabilities at the World Nuclear Symposium, aiming to advance Small Modular Reactor (SMR) and microreactor projects for future energy security. India is significantly expanding its nuclear capacity, targeting 100 gigawatts by 2047, with major foreign players like Russia's Rosatom and France's EDF emphasizing large-scale nuclear plants alongside SMRs to optimize site use and accelerate growth. India and Russia are deepening cooperation on advanced nuclear technologies, including fourth-generation reactors, with Rosatom supporting multiple projects and India showing interest in Arctic shipping routes for trade. This collaboration aligns with India’s broader clean energy ambitions, supported by partnerships with South Korea focusing on renewables and green hydrogen to foster sustainable economic growth and energy security in the Indo-Pacific region.