30 Nov '14, 9am

IEA Report: Future Of Nuclear Energy Industry “Uncertain”

China alone is building enough nuclear capacity to keep the industry going for a long time still – and since it has mostly managed to avoid the costly delays plagueing western attempts, it’s also a very cost-effective programme. With 28 reactors under construction and many more planned, they are single-handedly more than compensating for the decline in Europe. And then there are Russia, India, the UAE, South Korea and many others also betting heavily on nuclear. Many other countries are refurbishing their existing fleet, another major source of income for the nuclear industry. Some countries are also choosing nuclear out of necessity, Finland being a good example: hydro and biomass are fully utilized, solar has limited potential and wind resources are only half decent amongst parts of the Baltic coast. Nuclear isn’t going anywhere anytime soon. Sure, it won’t see the explo...

Full article: http://cleantechnica.com/2014/11/30/iea-report-future-nuc...

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