World Nuclear Association’s projections for nuclear generating capacity growth have been revised upwards for the first time in eight years, following the introduction of more favourable policies in a number of countries. In France, the country’s energy policy has been modified, delaying the planned reduction of nuclear power in the share of its electricity mix and allowing operating lifetime extensions of existing reactors beyond 40 years. In the USA, state legislatures are starting to pass measures that support the continued operation of reactors, recognizing the valuable role of nuclear in providing low-carbon electricity. At the same time, the process of granting a second operating licence extension for US nuclear reactors has begun, allowing reactors to operate for 80 years. Both China and India have extensive nuclear expansion programmes and the prospects for new reactors in many countries have improved with several newcomer countries such as Turkey, Bangladesh and Egypt launching construction projects and several more, including Uzbekistan, Kazakhstan and Poland, demonstrating a clear interest in developing nuclear programmes. The Upper and Reference Scenarios show global nuclear power capacities growing over the period to 2040 at a faster rate than at any time since 1990, increasing mainly due to extensive reactor building programmes in China, India and other countries in Asia. While projected growth in the Reference Scenario is moderate, with capacity growing to 569 GWe by 2040, in the Upper Scenario the present level of nuclear capacity is expected to almost double to 776 GWe. For the Lower Scenario, nuclear capacity essentially maintains its current level over the forecast period at 402 GWe.
World Nuclear Association 5th Sept 2019 read more »
Rapid growth in uranium demand will lead to a need for additional mined uranium in the period to 2040 in all scenarios given in the latest edition of World Nuclear Association’s fuel report. Projections for nuclear generating capacity growth have been revised upwards for the first time in eight years, following the introduction of more favourable policies in a number of countries.
World Nuclear News 5th Sept 2019 read more »