Global Nuclear Power Generation Capacity Decreases
DECEMBER 8, 2011 BY NICHOLAS BROWN
A new analysis from the World Watch Institute indicated that there is a global nuclear remission (opposite of resurgence) caused by the rising cost of nuclear power plants as well as the safety issues associated with them.
The Fukushima Daiichi nuclear disaster is part of the reason. Last year, nuclear power generation capacity attained a record high of 375.5 GW (375,500 MW), and this year, in March, the Fukushima Daiichi disaster in Japan (which was out of control for months) convinced many people that they are not prepared to effectively contain a nuclear disaster due to the failure of Japan to do so long.
This may be one of the main reasons why nuclear power generation capacity decreased to 366.5 GW (a 2.4% decrease) this year. The World Watch Institute attributed this decrease to a significant decline in the demand for nuclear power.
Most of the decline in installed nuclear power capacity is due to the halt of reactor construction.
There is the possibility ...
http://cleantechnica.com/2011/12/08/global-nuclear-power-generation-capacity-decreases/
And here is what the industry was forecasting 5 years ago before the false promises on construction costs began to catch up to them.
IAEA: Nuclear capacity could double by 2030
2 September 2008
Nuclear power capacity could double by 2030, according to the International Atomic Energy Agency (IAEA). The latest figures predict net growth of at least 100 GWe.
Announcing the publication of the 2008 edition of Energy, Electricity and Nuclear Power Estimates for the Period up to 2030, the IAEA said, "Nuclear power, in step with growing global demand for energy, will continue expanding into the next two decades."
The annually-produced publication provides high and low projections on the prospects for nuclear energy worldwide. The low projection assumes that "all nuclear capacity currently under construction or in the development pipeline gets constructed and current policies, such as phase-outs, remain unchanged." The high scenario is based on "government and corporate announcements about longer term plans for nuclear investments, as well as potential new national policies, such as responses to new international environmental agreements to combat climate change."
Under the low scenario, the IAEA said that nuclear generating capacity would increase from the current 372 GWe at an annual average growth rate of 1.3% to 473 GWe in 2030. However, under the high scenario, capacity would double, growing by an average annual rate of 3.3% to 748 GWe in 2030. The projections are higher than those given in the 2007 edition of the publication, which under the low scenario projected capacity of 447 GWe by 2030, and under the high scenario, 691 GWe by 2030.
Hans-Holger Rogner, head of the IAEA's Nuclear Energy Planning and Economics Studies Section, said that rising costs of natural gas and coal, together with energy supply security and environmental constraints, are among the factors contributing to nuclear's growth.
Rogner...
http://www.world-nuclear-news.org/NP-IAEA-Nuclear_capacity_could_double_by_2030-1209084.html
The OP looks to be a hype piece for uranium stocks.
= new reply since forum marked as read
