Uranium 3
 

NUCLEAR ENERGY TO EXPAND STRONGLY IN EMERGING COUNTRIES, LED BY CHINA

China: The Chinese government plans to increase nuclear generating capacity to 58 GWe with 30 GWe more under construction by 2020. China has completed construction and commenced operation of 17 new nuclear power reactors over 2002-13, and some 30 new reactors are either under construction or likely to be so by the end of 2014. These include the world’s first four Westinghouse AP1000 units and a demonstration high-temperature

World Nuclear Landscape                                                                                       
435 operational reactors in 30 countries 
72 reactors under construction in 14 countries 
374,504 MW total net installed capacity 
12% of world's electricity fro nuclear
13 countries with 1/4 or more of electricity from nuclear 
 On average, a 1000 MW reactor requires in excess of 400k lbs U3 08/year

gas-cooled reactor plant. Many more are planned, with construction due to start within about three years. China is commencing export marketing of a largely indigenous reactor design. R&D on nuclear reactor technology in China is second to none.

India: India’s target is to have 14.5 GWe nuclear capacity on line by 2020 as part of its national energy policy. These reactors include light- and heavy water reactors as well as fast reactors. Seven power reactors are under construction or almost so, of both indigenous and foreign design, and including a 500 MWe prototype fast breeder reactor. This will take India’s ambitious thorium programme to stage 2, and set the scene for eventual utilization of the country’s abundant thorium to fuel reactors.

Russia: Russia plans to increase its nuclear capacity to 30.5 GWe by 2020, using its worldclass light water reactors. Construction of a large fast breeder unit is nearly complete, and development proceeds on others, aiming for significant exports. An initial floating power plant is under construction, with delivery due in 2016. Russia is active in building and financing new nuclear power plants in several countries.

South America: Argentina and Brazil both have commercial nuclear reactors generating electricity, and additional reactors are under construction. Chile has a research reactor in operation and has the infrastructure and intention to build commercial reactors.