Harnessing the power of nuclear and catalyzing clean energy development
Learn why nuclear energy is projected to produce more electricity than ever.
Nick Ciaravella
Jun. 05, 2025
4-minute read
- Nuclear energy is projected to produce more electricity than ever, driven by rising global electricity demand, technological advancements and supportive policies, including a commitment from over 20 countries to triple nuclear capacity by 2050.
- Nuclear energy offers a stable and continuous power supply, addressing the intermittency issues of renewable sources like solar and wind, thereby enhancing energy security while supporting emissions reduction goals.
- Significant capital investment and innovation in nuclear technology, such as small modular reactors (SMRs) and waste management solutions, are essential to overcoming challenges related to construction costs, timelines and safety concerns.
- As the second-largest uranium producer globally, Canada stands to benefit economically from the growing nuclear sector.
- CIBC Asset Management has removed nuclear energy exclusions from CIBC Sustainable Investment Strategies.