MattCanavan
Peter Dutton, Matt Canavan & Bush Boy Barnaby are having a lend of you
Peter Dutton, Matt Canavan & Bush Boy Barnaby are having a lend of you
The late-2000s nuclear renaissance, marked by the #Fukushima disaster and cost overruns, faced another setback in 2023. With five reactor start-ups and closures, the industry experienced a net loss of 1.7 GW capacity. Aging reactors led the International Atomic Energy Agency (IAEA) to predict 10 closures annually until 2050. However, the industry averaged only 6.1 construction starts and 6.7 reactor startups per year from 2014-23.
The operable power reactors dropped to 407-413, down from the 2002 peak of 438. Global nuclear power's share in electricity generation fell to 9.2%, the lowest in four decades. China dominated with five of the six reactor construction starts in 2023, dispelling hopes of a new nuclear renaissance. Read More…