Global spending on nuclear power generation reached roughly $300 billion across the 2020 to 2024 period, with North America accounting for $35 billion of that total, according to International Energy Agency figures charted by Visual Capitalist and Global X ETFs.

Europe led all regions at $132 billion. Asia Pacific followed at $106 billion. North America came third at $35 billion, ahead of Eurasia at $17 billion, the Middle East at $12 billion, Latin America at $8 billion and Africa at $2 billion. Nearly every region raised its nuclear investment by at least 50 percent over the five year window.

The US figure sits on top of an established annual base. The country puts about $7.5 billion a year into nuclear power and has committed an additional $2.7 billion to the domestic nuclear fuel supply chain, money aimed at enrichment and conversion capacity that reduces reliance on foreign suppliers.

The regional split is worth reading against reactor counts. Europe carries the largest spend while operating a mature fleet that requires life extension work, refurbishment and replacement builds. Asia Pacific spending tracks new construction, with China responsible for a large share of the reactors currently being built worldwide. North American spending reflects a mix of uprates, license renewals, restart projects at shuttered plants and early stage advanced reactor development rather than a broad wave of new large unit construction.

The chart covers investment in nuclear power generation and does not break out fuel cycle or research spending separately.

Source: Visual Capitalist - https://www.visualcapitalist.com/sp/gx03-nuclear-energy-investment/