Nuclear Energy

Global Usage

Globally, nuclear energy continues to play an important role in the generation of low-carbon power. As of 2023, nuclear power accounts for almost 10% of global electricity generation and roughly a quarter of total low-carbon electricity production (Nuclear - IEA, n.d.). The United States remains the world's biggest producer of nuclear energy, followed by France and China. China, in particular, is quickly growing its nuclear capacity, with five new reactors under construction in 2023, while other nations such as Egypt and Turkey have also launched new nuclear projects.

In addition to these initiatives, Europe has experienced substantial progress in nuclear energy. Finland constructed the Olkiluoto 3 reactor, Western Europe's first new nuclear plant in 15 years, while France plans to build six more reactors by 2035. Meanwhile, Japan has prolonged the operating life of its reactors under the Green Transformation project, enabling some to remain active for more than 60 years, echoing a global trend of extending the lifespans of existing reactors to satisfy rising energy demand.

Emerging markets, particularly in Asia, are driving nuclear expansion. South Korea wants to raise nuclear power's portion of its energy mix to more than 30% by 2030, while Poland has authorized its first nuclear facility, which will employ Westinghouse reactors (Agence France-Presse, 2024). Globally, nuclear power remains a crucial actor in attaining net-zero emissions ambitions, with multiple governments committed to build nuclear capacity to reduce dependency on fossil fuels.