New Growth for Nuclear Energy Depends on Asia

New Growth for Nuclear Energy Depends on Asia
Chinese workers walk past the No.1 reactor at the Ningde Nuclear Power Plant in Ningde city, Fujian province, China, April 18, 2013 (Imaginechina via AP Images).

As it enters middle age, the nuclear energy industry is facing a question common at this stage of life: Does it still have exciting possibilities for growth, or are its best days behind it? Optimists who see nuclear energy as an appealing low-carbon option for combating climate change praise its stability and reliability over decades of operating experience, as well as the cheapness and reliability of uranium fuel supplies. Organizations like the International Energy Agency foresee substantial increases in nuclear-generated electricity over the next few decades, with the number of nuclear plants worldwide—currently at roughly 400—perhaps doubling or tripling. Yet, […]

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