Nuclear Politics

Nuclear Growth Is In Regulated Markets, Says IEA Report

By David Dalton
15 June 2015

15 Jun (NucNet): Nuclear power is the second-largest source of low-carbon electricity generation worldwide, after hydropower, but nearly all new nuclear construction in recent years has taken place in price-regulated markets or in markets where government-owned entities build, own and operate the plants, a report by the International Energy Agency says. The report, “World Energy Outlook Special Report 2015: Energy and Climate Change”, says China continues to lead in new capacity, with 28 gigawatts of nuclear under construction at the end of 2014, while plants with a combined capacity of 46 GW are under construction in Russia, India, South Korea, the US and several other countries. Japan has begun the necessary process for the restart of some of its nuclear capacity. The report says China could account for 65 percent of global growth in nuclear capacity and could overtake the US as the largest holder of nuclear power generation capacity around 2030. The report is online: http://bit.ly/1FW2d1Y

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