Saturday, September 28, 2013

Is nuclear energy a global growth industry?

Restating the question:  "Is nuclear energy a global growth industry?"

The answer would appear to be a moderate 'yes'.

Here's why I say that:

IAEA Issues Projections for Nuclear Power from 2020 to 2050

That acronym stands for "International Atomic Energy Agency".

And the key lead-in states:

"Every year, the IAEA makes low and high projections of global nuclear power generating capacity: this year's low projection indicates 17 per cent growth in world total nuclear power capacity by 2030, while the high projection suggests a 94 per cent growth, i.e. nearly a doubling in global generation capacity. In other words, growth in nuclear power following the Fukushima Daiichi nuclear accident is expected to continue, however at a rate lower than estimated prior to the accident."

So, barring anything else unexpected (which would be unlikely), there should still be more nuclear energy in the future.   And I think in places that need it most and which can afford it the easiest.  And if the U.S. put a tax on carbon emissions, we could afford more clean energy too.

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