Monday, November 12, 2007

Nuclear Renaissance

Nuclear energy is set to make active appearance again within this century after a long spell of lackluster growth. The percentage contribution of nuclear energy to global electricity generation stands at around 16-17 percent since mid 1980s. Maintaining such a percentage means the its contribution is increasing in absolute terms. What has not changed much is the number of new nuclear power reactors being built, and the number of countries having nuclear energy in their energy mix.
We have yet to see the first new country introducing nuclear energy in this century. For many many years the number 30 described the number of countries having nuclear electricity. It could stay there longer, but there have been a lot of announcements. In the Asian region for example Thailand, Vietnam, and Indonesia among others have made the announcements. They would be the new countries.
Countries already having nuclear in their energy mix is planing to increase their nuclear contribution. China for instance is adding 2-3 units of 1000 MWe nuclear reactors every year to attain the target of 4 percent nuclear, or 40 GWe nuclear contribution by 2020.

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