Nuclear sector aims to build 1,000 GW of new reactors by 2050 - WNA

LONDON (Reuters) - The world nuclear industry aims to build about 1,000 gigawatts of new nuclear reactor capacity by 2050, World Nuclear Association Director-general Agneta Rising said on Thursday.

Past installations have often been below 5 gigawatt (GW) or less per year, but in 2014 the industry built 5 GW, which doubled to 10 GW in 2015. One gigawatt is the equivalent of about one medium-size nuclear reactor.

“We should be able to deliver 1,000 GW of new nuclear by 2050,” Rising said at the opening of the annual WNA conference in London.

She said the target was for 10 GW per year from 2016 to 2020, rising to 25 GW per year from 2021 to 2025 and to 33 GW per year from 2026 to 2050.

Click here to continue reading...

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest

MARKET SUMMARY

INDICES

Name Last Change
DOW 27147.10 0.13%
S&P 500 3006.73 0.03%
NASDAQ 8177.39 0.11%
TSX 16800.29 0.21%
TSX-V 584.91 0.00%

Resource Commodities

Name Last Change
Gold 1494.90 0.26%
Silver 17.69 0.17%
Copper 2.60 2.596
Platinum 901.00 0.67%
Oil 58.11 2.12%
Natural Gas 2.64 1.18%
Uranium 25.53 0.59%

@RSDigest ON TWITTER