London, October 24, 2012 – China’s nuclear power output will soar before the end of the decade, but will remain in the shadow of steady U.S. growth, states a new report from energy experts GlobalData.
The business intelligence outfit’s latest research says that China’s need to meet the power demands of rapid industrialization will result in the dramatic expansion of the country’s nuclear power industry, climbing from 87 terawatt hours (TWh) generated in 2011 to 470 TWh by 2020.
The huge increase will see China make up about half of the Asia-Pacific region’s cumulative output and overtake more notoriously nuclear power dependent countries, such as France (predicted to produce 457 TWh in 2020). At present there are 15 nuclear reactors in operation in China, but another 27 are under construction and more than 160 are in the planning and proposal stages.
By region, GlobalData expects Europe to continue to lead in terms of nuclear power generation (despite the commitment of several member states to phase-out the power source) with an estimated output of 1,277 TWh in 2020. North America is expected to be second, producing 1,088 TWh, followed by Asia-Pacific with 941 TWh.