IAEA Sees Global Nuclear Power Capacity Expanding in Decades to Come
Nuclear power’s global expansion is projected to continue in the coming decades—albeit at a slowing pace—amid challenges including low fossil fuel prices, a sluggish world economy and the legacy of Japan’s Fukushima Daiichi accident, according to an IAEA study released today.
Each year, the IAEA publishes projections of the world’s nuclear power generating capacity in Energy, Electricity and Nuclear Power Estimates for the Period up to 2050, now in its 35th edition. “Several factors indicate that nuclear energy will play an important role in the world’s energy mix in the long run,” said IAEA Deputy Director General Mikhail Chudakov, Head of the Department of Nuclear Energy. “These factors include the volatility of fossil fuel prices, nuclear power’s role in greenhouse gas reduction, energy supply security, population growth and demand for electricity in the developing world.” . ….