As I was reading an article [Es] on the expansion of nuclear in China – where 24 reactors are currently being built compared to 12 online to date – I was wondering if a nuclear renaissance is really under way.
To World Nuclear News it seems to be the case as 58 reactors are currently being built in 15 countries around the world. Most reactors currently planned are in Asia, as the economy and the electricity demand increase rapidly.
The capacity of nuclear power plants around the world could reach 511 to 807 GWe by 2030, to be compared to the current 327 GWe. (from +63% to +246%).
Will there be enough Uranium for all these new plants ? To a new report from the Massachusetts Institute of Technology there is enough uranium to fuel ten times more reactors than today and this even if they ran for a hundred years.
As I noted previously there is also huge quantities of Uranium in the oceans and technology – fast breeders – could enable us to generate much more electricity from the same quantities of the precious material.