IAEA: Global Nuclear Capacity Could Triple by 2060

The IAEA's sixth consecutive upward revision matters less as a forecast than as a signal about institutional expectations: the agency's own low case now implies roughly doubling, meaning even its pessimistic scenario embeds growth. Nuclear sits at the intersection of the RWA and energy trades — long-dated, capital-intensive infrastructure that increasingly attracts tokenized financing structures. The gap between the 696 GW and 1,284 GW scenarios is the real story; that spread reflects unresolved questions over financing, regulation and grid buildout rather than reactor technology itself. Whether the sixth straight upgrade becomes a seventh is the open question.