Global nuclear capacity to fall to 2.9GW by 2025

The total capacity of nuclear power plants (NPPs) globally will decrease to 2.9GW by 2025. That’s according to a report from GlobalData which stated this is a fall of more than sixfold […]

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By Jacqueline Echevarria

The total capacity of nuclear power plants (NPPs) globally will decrease to 2.9GW by 2025.

That’s according to a report from GlobalData which stated this is a fall of more than sixfold under the Plant Life Extension (PLEX) programme.

It said that’s due to an “anti-nuclear opinion” after the Fukushima disaster in 2011.

Investment in nuclear will also decrease from $7.7 billion (£4.9bn) this year to $2.6 billion (£1.6bn) in the next 10 years.

Countries such as Germany, Belgium and Switzerland prefer to invest in renewable sources instead of nuclear power, it added.

Harshavardhan Reddy Nagatham, GlobalData’s Senior Analyst covering Power said: “This will be most notable in Europe where the capacity of NPPs starting PLEX operations is expected to drop almost sevenfold from approximately 8.3GW this year to 1.2GW by the end of 2025.”