Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power Estimates for the Period up to 2050, published today, provides detailed global trends in nuclear power by region. Its projections1 for nuclear electricity generating capacity are presented as low and high estimates, reflecting different driving factors that have an impact on the worldwide deployment of the low-carbon energy source. Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix. In the low case to 2030, the projections show nuclear electricity generating capacity falling by more than 10% from a net installed capacity of 392 gigawatts (electrical) (GW(e)) at the end of 2017. In the high case, generating capacity increases 30% to 511 GW(e), a drop of 45 GW(e) from last year’s projection. Longer term, generating capacity declines to 2040 in the low case before rebounding to 2030 levels by mid-century, when nuclear is seen providing 2.8% of global generating capacity compared with 5.7% today.
IAEA 10th Sept 2018 read more »
The UN’s nuclear agency on Monday said global capacity for electricity generation through nuclear power may be shrinking over the coming decades. In a new report the International Atomic Energy Agency (IAEA) said that the sector would face challenges as “ageing reactors are retired and the industry struggles with reduced competitiveness”. “Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix,” the IAEA said. In its worst case scenario, nuclear power capacity would fall by more than 10 percent until 2030.
Phys.org 10th Sept 2018 read more »
Nuclear power faces declining competitiveness that could lead to more than a 10% drop in global reactor capacity by 2030, says International Atomic Energy Agency (IAEA) in a study published on Monday. “The capacity of nuclear power generation is likely to be reduced in the coming decades, aging reactors being stopped and this industry facing a decline in competitiveness”, notes this UN agency based in Vienna. Faced with the low price of natural gas and the “impact of renewable energy on electricity prices”, the sector also continues to feel the effects of the Fukushima disaster in Japan in 2011, recognizes the IAEA.
Romandie 10th Sept 2018 read more »