The nuclear energy industry needs an annual investment of $80 billion in order to meet climate change goals, the director of the International Atomic Energy Agency (IAEA) said on Friday. Dohee Hahn told a nuclear industry conference that between 10 and 20 reactors will need to be built every year through 2030, if the global temperature rise is to be held within 2 degrees. The agency estimates that total global nuclear capacity needs to reach 862 gigawatts by 2040, up from 376 gigawatts in 2014, in order to meet the goals set in the Paris agreement.
Reuters 28th April 2017 read more »
Across the world, governments are turning their backs on nuclear power and investing instead in renewables. It’s not just that fewer nuclear reactors are coming online, the power they produce is dwarfed by the increase in number of new clean-energy power plants. The ten new nuclear reactors built in 2015 added just nine gigawatts of new energy capacity, whereas renewables added 147 gigawatts to global power supplies. “In 2016, only three new reactors started to be built around the world,” says Mycle Schneider, co-author of the 2016 World Nuclear Industry Status Report, which provided the data for this infographic. “In terms of generating capacity, that’s a joke.”
Wired 27th April 2017 read more »