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Investing.com -- Major companies including Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) have pledged their support for a goal to triple the world’s nuclear energy capacity by 2050. The pledge was made on Wednesday during the CERAWeek conference in Houston.
Other companies, such as shale company Occidental (NYSE:OXY) and Japanese heavy machinery maker IHI Corp, have also added their names to the list of supporters.
The World Nuclear Association (WNA), the nuclear industry group that facilitated the pledge, anticipates more support from various industries in the coming months. These industries include maritime, aviation, and oil and gas.
This pledge builds upon a similar vow made in 2023 by over 30 countries, which also aimed to triple nuclear capacity by 2050.
Nuclear energy currently generates 9% of the world’s electricity from 439 power reactors, as per the WNA’s data. However, as of early 2025, the world is operating only around 411 nuclear power reactors, with a combined capacity of 371 gigawatts.
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