Global Nuclear Power Capacity Could Double By 2050

11 Aug 2017   Nuclear

The world’s installed nuclear power capacity could increase by 123 percent in 2050 compared to 2016 levels, the International Atomic Energy Agency (IAEA) said in a report this week. These projections, however, are the so-called high in 2050. In the low case, the IAEA estimates are for a decline in capacity in the near future, followed by a rebound to current levels nearer 2050. In the high case, nuclear capacity is expected to rise from 2016 levels by 42 percent in 2030, 83 percent in 2040, and by 123 percent The main factors that are and will be influencing the future of nuclear energy are public acceptance, financing, and electricity markets. “If nuclear power’s potential as a low-carbon energy source grows in recognition and advanced reactor designs further improve both safety and radioactive waste management, the use of nuclear power could grow significantly,” the IAEA says . At the […]

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