The International Energy Agency’s (IEA) has predicted global nuclear generation to more than double by 2040.
“In the case of nuclear, even though one-sixth of the global nuclear fleet is retired in the next decade, overall prospects are buoyed by large new build programmes in a select group of countries led by China, Russia and India,” the IEA said.
The IEA also forecast in the World Energy Outlook report that there will be a strong push for nuclear contribution in South Africa’s as it looks to expand its existing nuclear operations.
To support this report, the World Nuclear Association has developed its own vision for the future of electricity, referred to as Harmony. This is based on the International Energy Agency's 2-degree scenario which aims to avoid the most damaging consequences of climate change and requires a large increase in nuclear energy.
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