Nuclear Power Expansion Expected

Energy Investing

Reuters reported a new report suggest nuclear power will move ahead in Asia despite the Fukushima disaster in Japan.

Reuters reported a new report suggest nuclear power will move ahead in Asia despite the Fukushima disaster in Japan.

 As quoted in the market news:

Nuclear energy had been gaining momentum as an energy source for nations seeking to reduce harmful carbon emissions, but the Japanese accident caused second thoughts in some countries.

World nuclear capacity is, however, expected to grow by 44 percent to 99 percent by 2035, according to a biennial report from the United Nations nuclear body and the Organisation for Economic Cooperation and Development.

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