The nuclear valve market is expected to grow from $3 billion in 2021 to $5.3 billion in 2050. A big driver will be the goal of net zero CO_2 emissions. Nuclear power is a route to lower greenhouse gas emissions with the advantage of continuous availability. The International Energy Agency has set up a scenario to reach net zero CO_2 emissions by 2050. This includes adding nearly 400 GW of new nuclear capacity in the next 30 years.
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