Developing Countries Expected to Drive a Nuclear Power Boom
From Oil Price
By Energy Digital
Global nuclear energy generation will climb by almost 30% by the end of the decade, thanks in part to an influx of new nations developing nuclear programs, says research and consulting firm GlobalData.
The company’s new report predicts worldwide nuclear energy generation to jump from 2,386,449 GWh in 2012 to 3,078,130 GWh in 2020, with 198 nuclear reactors scheduled to begin commercial operations within the forecast window.
The predicted increase follows the modest growth witnessed between 2000 and 2011, and the sharp drop of 2011-2012 when some countries shut down reactors in response to the Fukushima disaster.
At present there are around 45 nuclear-free countries looking at adding the controversial power source to their energy portfolio, including the UAE, Turkey, Poland and Bangladesh.
