IAEA Triples Nuclear Capacity Forecast to 2060, Citing SMR Wave

The IAEA's latest long-term outlook projects global nuclear generation capacity tripling by 2060, with small modular reactors (SMRs) expected to drive much of the growth after years of delays. The forecast signals a major shift in energy policy momentum toward nuclear, though actual deployment remains uncertain given historical SMR setbacks. This could influence energy investment flows and policy support for nuclear as a low-carbon baseload source.