Major Global Companies Pledge Support to Triple Nuclear Energy

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A cross-industry group of large energy users signed a pledge supporting the goal of at least tripling global nuclear capacity by 2050. This is the first time major businesses beyond the nuclear sector have come together to publicly back an extensive and concerted expansion of nuclear power to meet increasing global energy demand. They also urge other energy users to support the goal of triple nuclear energy. 

The announcement took place at World Nuclear Association's event at CERA week on March 12, 2025. 

The collective call, facilitated by World Nuclear Association, brings together global companies recognizing the need for nuclear’s clean, firm and abundant energy to power their future growth, while also meeting goals of greater energy resiliency and security. This group of companies acknowledge government support and advocate for equal access to finance for nuclear energy.  

Nuclear energy generates 9% of the world's electricity from 439 power reactors. Beyond electricity, nuclear reactors have been used for desalination, district heating and process heat, with 750 reactor operating years of experience. Global energy consumption is projected to continue growing at around 4% annually, according to the International Energy Agency. 

Founding companies who signed the pledge include: Amazon, Google, Meta, Dow, Occidental, Allseas, OSGE and IHI. The Pledge is expected to gain more support over the coming months, reflecting growing interest in nuclear power from industries as diverse as maritime, aviation and oil and gas.

Global energy consumption is projected to continue growing at around 4% annually, according to the International Energy Agency. 

The Pledge recognizes nuclear’s potential to expand beyond traditional grid electricity, providing abundant, continuous energy to support successful and cost-competitive operations for energy users. It continues by highlighting how nuclear can provide clean energy for increased electrification, and a range of economic activity and industrial processes, including the technology sector, synergies with the oil & gas industry and the provision of industrial process heat — for which nuclear is the most credible and scalable clean source.

During CERAWeek, many of the companies, alongside policymakers and the wider nuclear industry, gathered to discuss how nuclear energy fits into their businesses’ future strategic plans because it offers an abundant and reliable source of power needed for their growing operations. This pledge demonstrates the demand and support for innovation, investment, and collaboration to achieve global ambitions of industry and countries.

Sama Bilbao y Leon, Director General of World Nuclear Association, which represents the global nuclear industry and led the Pledge initiative said: “The unprecedented support announced today by some of the world’s most influential companies to at least triple global nuclear capacity by 2050 sends a clear signal to accelerate policy, finance and regulatory changes that enable the rapid expansion of nuclear power. The global shift towards more nuclear highlights this is the only way we’ll deliver the abundant firm clean energy required to power growth and innovation in technology, a host of other industries and the entire economy.”