ESG: Where Can Nuclear Energy Fit?
Supporters of nuclear power argue that it’s a source of clean, renewable and reliable energy, while critics say that it’s costly to produce and dispose of, and dangerous to both society and the environment.
In the UK, nuclear power accounts for around 15% of our energy mix, with a further 34% coming from natural gas, 19.6% from wind, 8.5% from solar, 2.9% from biomass and 0.9% from hydroelectric power. The rest is imported (as of May 2023).
That makes us relatively pro-nuclear, with just under a sixth of our power generated this way. We’re way below France, which generates a huge 70% of its energy from nuclear power, but more than Germany (which is aiming to phase it out) at 12%.
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Joe Yallop, ESG Clarity
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