Washington, D.C.—Statement from Maria Korsnick, president and chief executive officer at the Nuclear Energy Institute:
“The commitments made today at COP27 to advance the objectives of the 24/7 Carbon-Free Energy (CFE) Compact are important steps to achieving our global climate goals. Industry and government have come together under a shared goal of building a just and affordable energy transition during this critical moment for our climate and economy. The 24/7 CFE Compact’s global community provides the support, tools and partners that organizations need to meet their full electricity demand with carbon-free resources—every hour, every day, everywhere.
“Nuclear energy is the source that can make this all work. It’s not enough to decarbonize some hours of the day. To meet our climate goals, we must create an energy system capable of providing carbon-free electricity every hour of the day. As the most reliable provider of carbon-free electricity, nuclear is uniquely positioned to be the backbone of the clean energy grid of the future. With the energy trilemma of security, affordability and sustainability at the forefront of COP27 this year, nuclear energy’s critical role in the world’s net-zero goals has never been clearer.
“These actions are essential in driving more technology-inclusive solutions needed for achieving our global climate targets. As an early signatory of the 24/7 CFE Compact, we are proud to have so many of our members join us, demonstrating our industry’s commitment to delivering on decarbonization. We will continue to work together to ensure a just and affordable global energy transition.”
