Nuclear reactor require new builds for improvement
07 July 2017
More than 9 GWe of new nuclear capacity came online in 2016, the largest annual increase for over 25 years and global nuclear generation rose for the fourth successive year.
Source: Wikimedia Commons
However, if nuclear is going to make a full contribution to future clean electricity supply, action is needed in three key areas: establishing a level playing field in electricity markets; building harmonized regulatory processes; and creating an effective safety paradigm.
The world’s operating nuclear reactors continued to have high levels of performance in 2016, with an average capacity factor of 80.5%. The industry has maintained high capacity factors of around 80% for the last 20 years.
Globally, the time taken to construct new reactors has been falling, with the median time for reactors coming online in 2016 being just over 6 years.
The global nuclear industry has set a goal of 1000 GWe of new nuclear build by 2050, with nuclear generation supplying 25% of global electricity demand.