GBI Research has released a new report, “Top 10 Global Energy Trends in 2010,” that claims nuclear energy will continue to increase its role in the global energy market and is “likely to attract increased investments” for this year.
World installed nuclear power capacity is expected to increase slightly from 371 MW in 2008 to 374 MW in 2010 mostly coming from Argentina, China, India, US, and South Korea. However, countries like Germany and Lithuania will reduce their installed capacity in 2010 compared to 2008. Germany has been phasing out the building of nuclear power plants since the enactment of its Nuclear Exit Law in 2000 that required all 19 of its atomic power stations to be shut down by 2020.
The report said India will increase its power generation by more than 50% from 14 billion KWh in 2008 to 29 billion KWh by 2010. Also, China plans to increase its nuclear power generation by more than 50% from 65 billion KWh in 2008 to 90 billion KWh in 2010. Similarly, Japan, France and the US plan to increase nuclear power generation by 2010 to 311.3 billion KWh, 473.3 billion KWh and 916.2 billion KWh, respectively.
The report provides an in-depth analysis of the top global trends in the energy sector in addition to challenges and future prospects for the overall industry. The major areas of focus include impact of the financial crisis and the after effects of the crisis and the global economic recession on the energy sector. Challenges in conventional as well as non conventional energy sector, technological developments in new and alternative energy sectors, and the nuclear industry are also analyzed.
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