Nuclear power stands as a high-quality, high-density, zero-emission clean energy source, offering a vital solution to the world's growing energy demands.
According to estimates, global nuclear power has already made a significant impact by reducing carbon dioxide emissions by over 85 billion tons.
The International Energy Agency's recent report predicts that global nuclear power generation will reach a record high by 2025, marking a significant milestone in the world's transition towards cleaner energy sources.
As of January 31, data from the International Atomic Energy Agency's Power Reactor Information System (PRIS) revealed that there were 413 nuclear power reactors operational worldwide. These reactors collectively contribute to approximately 10% of total global power generation, accounting for approximately one-third of clean energy generation globally.
Recent developments signal a growing commitment to nuclear power as a key component of national and global energy strategies. At the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change, several countries pledged to accelerate the development of nuclear power generation.
They committed to expanding global nuclear power generation capacity to three times its current level by 2050, underscoring the pivotal role nuclear energy will play in achieving climate goals.
Asia has emerged as a driving force in the growth of global nuclear power generation, with continuously expanding installed capacity. Statistical data from the International Atomic Energy Agency indicates that Asia's nuclear power generation capacity surged by 10% in 2021, reaching its highest level in a decade.
Since 2005, Asia has connected a total of 70 reactors to the grid, boasting an operational capacity of 63.6 GW.
China, in particular, has made significant strides in nuclear power generation, with its construction capacity for nuclear reactors leading globally. The nation has also demonstrated a staunch commitment to nuclear safety by imposing stringent regulations on the approval of nuclear power projects within its borders.
In Europe, nuclear power remains integral to the continent's electricity system. Eurostat 2022 data highlights that the 13 member states of the EU operate 103 nuclear power plants, contributing approximately 25% of the EU's total power generation.
The United Kingdom has announced ambitious plans for nuclear power development, marking the largest endeavor in 70 years. These plans include research into constructing a new large-scale power station, a substantial investment of £300 million (approximately $382 million) in advanced uranium fuel production, and the implementation of "smarter regulation."
These measures aim to quadruple Britain's installed nuclear power capacity to 24 gigawatts by 2050, potentially fulfilling a quarter of the country's electricity needs.
Across the Americas, the pace of nuclear power development is accelerating. The International Atomic Energy Agency's latest report forecasts substantial growth in installed nuclear power capacity and total electricity generation in North America.
In 2021, North America's installed nuclear power capacity and total electricity generation are projected to reach 109 million kilowatts and 858 billion kilowatt-hours, respectively, with nuclear power accounting for approximately 18% of the regional electricity mix.
In the face of global energy challenges and urgent climate action, nuclear power has garnered increased attention as a viable and essential component of the energy mix. Public awareness of nuclear power generation's benefits has expanded, creating favorable conditions for the implementation of nuclear projects worldwide.
As countries recognize the indispensable role of nuclear power in driving economic growth and social development, its significance as a sustainable energy source continues to gain recognition on the global stage.
