• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 hour Could Someone Give Me Insights on the Future of Renewable Energy?
  • 21 mins How Far Have We Really Gotten With Alternative Energy
  • 1 hour "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 2 days Bankruptcy in the Industry
  • 3 days The United States produced more crude oil than any nation, at any time.


The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

BRICS Nations Surge Ahead In Nuclear Energy Commitment

  • China tops the list with plans for 24 new nuclear reactors, one of which will be connected this year.
  • India aims to connect eight new nuclear power plants by 2027, with Turkey and South Korea also making notable commitments.
  • Three future BRICS members—UAE, Egypt, and Argentina—are currently constructing new nuclear reactors.
Nuclear Power

In the mid-term, nuclear power plants are considered by some experts to be the most efficient transitional solution for achieving global climate goals. Criticism is though levelled at the largely unresolved question of final storage and potential safety risks.

As Statista's Martin Armstrong shows in this infographic, using data from the World Nuclear Association, no country is currently committing more to a nuclear future than China.

You will find more infographics at Statista

The Asian superpower currently has 24 new nuclear reactors planned or being built, with one new power plant to be connected to the grid this year.

The United Arab Emirates and Turkey are also planning to connect one new power plant each, and in South Korea there are two more in the pipeline for this year.

In second place is India, which plans to have eight new nuclear power plants built and connected to the grid by 2027, followed by the aforementioned Turkey with four and South Korea with three reactors.

What is noteworthy here is that with China, India and Russia, three of the five BRICS members are among the top eight.

From January 1, 2024, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates will join as new members. In three of these six future member countries - the United Arab Emirates, Egypt and Argentina -new nuclear reactors are also currently under construction.

By Zerohedge.com


More Top Reads From Oilprice.com:

Download The Free Oilprice App Today

Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News