If nuclear were to replace oil as our primary source of energy, say researchers from Oxford University, the “world” would have to build four nuclear power plants a month for the next 70 years.
Nuclear plants currently provide 16% of the world’s electricity. But to compete seriously, nuclear would need to power 33% of the world by 2075. That would mean 3,360 new plants over the next 70 years… about four a month.
“China and India plan to build 50 new plants each by 2010,” reports our Jonathan Kolber. The news is nothing if not bullish for uranium mines and stocks. But the Oxford researchers were highly skeptical that this rate of growth in nuclear plants is achievable, physically or politically.
Nuclear plants currently provide 16% of the world’s electricity. But to compete seriously, nuclear would need to power 33% of the world by 2075. That would mean 3,360 new plants over the next 70 years… about four a month.
“China and India plan to build 50 new plants each by 2010,” reports our Jonathan Kolber. The news is nothing if not bullish for uranium mines and stocks. But the Oxford researchers were highly skeptical that this rate of growth in nuclear plants is achievable, physically or politically.
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