IEA Expects Share Of Electricity Generated In Nuclear Power Plants To Stay At Some 10%
MOSCOW (UrduPoint News / Sputnik - 13th November, 2018) The share of electricity produced by nuclear power plants is expected to stay at around 10 percent but generation in China is projected to surpass the European Union and the United States before 2030, the International Energy Agency (IEA) said in the World Energy Outlook 2018 report.
"The share of generation from nuclear plants - the second-largest source of low-carbon electricity today after hydropower - stays at around 10%, but the geography changes as generation in China overtakes the United States and the European Union before 2030," the report read.
According to the IEA, about two-thirds of today's nuclear power plants in advanced economies are over 30 years old, reaching the end of their expected lifetimes.
"Decisions to extend, or shut down, this capacity will have significant implications for energy security, investment and emissions," the report added.