EIA Charts Nuclear Power Growth Through 2040

Electricity generated by nuclear power plants will jump from 2.6 trillion kilowatt hours to 4.5 trillion kilowatt hours in 2040, according to the U.S. Energy Information Administration (EIA), said the agency's Annual Energy Outlook 2016 report released on Monday.

nuclear powerThe reference, which is considered a critical report on energy trends, predicts a 73 percent increase in nuclear energy generation within the next 25 years with most of the growth expected in China, which currently has 34 operating nuclear reactors with a capacity of 27 GW.

China is already leading the world in nuclear power growth, having added 10 reactors from 2010 to 2014, adding 18 GW of additional capacity.

While China's nuclear power growth is widely reported, the EIA report says that 86 percent of new nuclear capacity expected by 2040 will come from countries that are not part of the Organization for Economic Cooperation and Development, the economic umbrella organization that includes 35 of the of the most sophisticated economies in the world, but does not include China, India or Russia.

Between 2010 and 2014, China, alone, accounted for 79 percent of the world's nuclear power growth in non-OECD countries. In addition, according to the World Nuclear Association, it is expected that China will green-light six to eight new nuclear reactors in each of the next three years, as it aims to increase capacity by 90 GW by 2025.

It is expected that China will be produce more electricity through nuclear power by 2032 than any other country, as it takes over the No. 1 position in that year, surpassing the United States.

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