Green innovation fuels nuclear energy development in times of external tensions and security challenges

Abstract

Nuclear energy is a low-carbon and reliable source of energy that can replace conventional fossil fuels and contribute to sustainable development. However, the production of nuclear energy requires special technology and skills, and its safe operation is also a matter of concern. Given its significance, several studies have investigated the determinants of nuclear energy production; however, none of the past studies have estimated the influence of external conflicts and green innovation on nuclear energy production. The study employs the method of moments quantile regression (MMQR) estimation approach. The results indicate that external conflict significantly hinders nuclear energy production at all quantiles, whereas green innovation significantly enhances nuclear energy production at all levels. Nonetheless, globalization is crucial in augmenting nuclear energy output across all quantiles. The findings suggest that governments should prioritize green innovation–oriented R&D policies and stimulate nuclear energy investment.