• 2 minutes CV19: New York 21% infection rate + 40% Existing T-Cell immunity = 61% = Herd Immunity ?
  • 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 7 minutes Sources confirm Trump to sign two new Executive orders.
  • 6 hours COVID is real now
  • 17 hours Is the oil & gas industry on the way out?
  • 20 mins The Boris Yeltsin of America
  • 1 day In a Nutshell...
  • 2 hours Australian renewables zone attracts 27 GW of solar, wind, battery proposals
  • 8 hours Is Biden the poster child for White Privilege ? DNC needs to replace him now before it's too late.
  • 2 days Better Days Are (Not) Coming: Fed Officials Suggest U.S. Recovery May Be Stalling
  • 12 hours Why Oil could hit $100
  • 3 days Where is Alberta, Canada headed?
  • 4 days Putin Paid Militants to Kill US Troops
The World Can’t Let Nuclear Energy Die

The World Can’t Let Nuclear Energy Die

Despite wavering public sentiment and…

Is This The Only Way To Make Nuclear Energy Work?

Is This The Only Way To Make Nuclear Energy Work?

Nuclear energy has caught a…

Energy Digital

Energy Digital

Energy Digital is a leading digital media source of news and content for C-level executives focused on business and all aspects of managing the environment.…

More Info

Premium Content

Developing Countries Expected to Drive a Nuclear Power Boom

Global nuclear energy generation will climb by almost 30% by the end of the decade, thanks in part to an influx of new nations developing nuclear programs, says research and consulting firm GlobalData.

The company’s new report predicts worldwide nuclear energy generation to jump from 2,386,449 GWh in 2012 to 3,078,130 GWh in 2020, with 198 nuclear reactors scheduled to begin commercial operations within the forecast window.

The predicted increase follows the modest growth witnessed between 2000 and 2011, and the sharp drop of 2011-2012 when some countries shut down reactors in response to the Fukushima disaster.

At present there are around 45 nuclear-free countries looking at adding the controversial power source to their energy portfolio, including the UAE, Turkey, Poland and Bangladesh. Of this group, the UAE will be the primary nuclear energy driver over the forecast period, with four nuclear power plants expected to come online by 2020.

Related article: Taiwanese Strongly Opposed to Expansion of Nuclear Power

The escalating need for power, combined with soaring fossil fuel prices, is driving the demand for nuclear energy around the world – especially amongst rapidly developing countries where large scale alternative energy generation is impractical. According to GlobalData, global power consumption will climb from 20,114,049 GWh in 2012 to 27,496,560 GWh in 2020, increasing at an Annual Average Growth Rate (AAGR) of 4%.

A substantial number of reactors coming online in countries such as China, India and South Korea will see the Asia-Pacific region lead in terms of global nuclear energy generation over the forecast period, states the new report – jumping from 323,989 GWh in 2012 to a massive 851,698 GWh by the end of the decade.

By. Carin Hall of Energy Digital


Download The Free Oilprice App Today

Back to homepage





Leave a comment
  • Met Alt on March 20 2013 said:
    Yes as the Arctic ice melts faster and Oil prices keep increasing, it will be better if more countries start building nuclear power plants.
  • SA Kiteman on March 24 2013 said:
    Especially in the nukes are the inherently safe Liquid Fluoride Thorium Reactor.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News