Nuclear Power Today and Tomorrow

Worldwide, with 437 nuclear power reactors in operation and 68 new reactors under construction, nuclear power's global generating capacity reached 372.5 GW(e) at the end of 2012. Despite public scepticism, and in some cases fear, which arose following the March 2011 Fukushima Daiichi nuclear accident, two years later the demand for nuclear power continues to grow steadily, albeit at a slower pace. A significant number of countries are pressing ahead with plans to implement or expand their nuclear power programmes because the drivers toward nuclear power that were present before Fukushima have not changed. These drivers include climate change, limited fossil fuel supply, and concerns about energy security. Globally, nuclear power looks set to continue to grow steadily, although more slowly than was expected before the Fukushima Daiichi nuclear accident. The IAEA's latest projections show a steady rise in the number of nuclear power plants in the world in the next 20 years. They project a growth in nuclear power capacity by 23% by 2030 in the low projection and by 100% in the high projection. Most new nuclear power reactors planned or under construction are in Asia. In 2012 construction began on seven nuclear power plants: Fuqing 4, Shidaowan 1, Tianwan 3 and Yangjiang 4 in China; Shin Ulchin 1 in Korea; Baltiisk 1 in Russia; and Barakah 1 in the United Arab Emirates. This increase from the previous year's figures indicates an on-going interest and commitment to nuclear power and demonstrates that nuclear power is resilient. Countries are demanding new, innovative reactor designs from vendors to meet strict requirements for safety, national grid capacity, size and construction time, which is a sign that nuclear power is set to keep growing over the next few decades.