Ken Griffin, founder and chief executive of hedge fund Citadel, has called for more investment in nuclear power in the West. “China is one of the few countries making a huge investment in nuclear again,” Griffin said, speaking at the Bloomberg New Economy Forum in Singapore, as quoted by the agency. “We desperately need nuclear power in the West.
Yet nuclear power also has some notable supporters, including the International Energy Agency. A vocal advocate of wind and solar, the IEA also says that “they need to be complemented by dispatchable resources.” The agency also notes that nuclear power is the second-largest generator of low-carbon power after hydropower, which makes it suitable for ensuring “secure, diverse low emissions electricity systems.
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