· Mathias Cormann Wiki · OECD WikiRoadmaps to New Nuclear Conference 2025
Read full speech on oecd.org ↗ContextOECD Secretary-General Mathias Cormann delivered remarks at the NEA ministerial, Roadmaps to New Nuclear 2025.
Why it mattersThe OECD chief treats financing costs, not technology, as the main barrier to new nuclear power and points to risk-sharing tools.
Problems raised
- The world needs much more clean energy.
- New nuclear plants are costly to build.
- High capital costs deter private investors.
Solutions proposed
- Share best practices on new nuclear construction.
- Manage and allocate construction and price risks fairly.
- Use loan guarantees and risk-sharing to lower financing costs.