Nuclear Power Market Projected to Reach 439.39 Gigawatts by 2029, Exhibiting Steady Growth Amid Global Decarbonization Efforts [Yahoo! Finance]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Nuclear Power - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029" report has been added to ResearchAndMarkets.com's offering. Market Resilience Post-Pandemic The global nuclear power market has shown resilient recovery, reaching pre-pandemic levels with estimations to grow from 411.51 gigawatts in 2024 to 439.39 gigawatts by 2029. A compounded annual growth rate (CAGR) of 1.32% is anticipated during this forecast period, bolstered by the pressing need for low-carbon energy sources and technological advancements within the sector. Driving Factors & Restraints The push for nuclear energy gains momentum with an increasing global focus on minimizing carbon emissions. This has notably steered the nuclear power market forward. However, challenges remain, including high initial capital costs and the burgeoning presence of renewable power sources, which may impede growth to some extent. Nonetheless, sign
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GE
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- 4/23/24 - Beat
GE
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form 3
- GE's page on the SEC website