Saturday, January 12, 2013

Will New Chinese Nuclear Reactor Design Crush Western Competition?

Since the 11 March 2011 Japanese Fukushima Daiichi nuclear catastrophe, the global nuclear civilian power industry has absorbed the negative publicity and is set to grow over the next several decades.
According to a May 2012 report issued by the U.S. government’s Energy Information Administration, “Nuclear generating capacity additions began in the 1950s and now top 346 gigawatts worldwide. The first nuclear reactor to produce electricity was a very small experimental reactor in the United States in 1951. Currently, 30 countries have nuclear power programs… Plans to add new nuclear capacity in North America and Europe are relatively small in comparison to those in such countries as China, Korea, and India. Projected increased electricity demand in rapidly developing countries coupled with energy security awareness and the desire to limit carbon emissions are contributing to the worldwide addition of new nuclear capacity.”

Read more: http://oilprice.com/Alternative-Energy/Nuclear-Power/Will-New-Chinese-Nuclear-Reactor-Design-Crush-Western-Competition.html

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