Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Helen Robertson
London
20 March 2014
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Uncertain times for nuclear after Fukushima

With the rise of cheaper and safer alternatives, in addition to the Fukushima Dai'ichi disaster in 2011, is this the end of the line for nuclear power?

Nuclear power has the low-carbon credentials to give it a larger stake in the global energy mix over the next few decades, but its future will depend on government financing and public acceptance that the fuel is safe. The International Energy Agency (IEA) says demand for nuclear power could reach 1.119 billion tonnes of oil equivalent (toe) by 2035, up from 674 million toe in 2011. This will vary regionally, with non-OECD countries expected to provide the bulk of growth in the sector. The IEA expects China to account for around half of the global increase in nuclear capacity between now and to 2035, followed by South Korea, India and Russia. In Europe, by contrast, more capacity will be dec

Also in this section
Letter on carbon: Has the EU ETS come of age?
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Can Oxy’s integrated CO₂ approach set a new benchmark for transition-era oil companies?
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
Letter from London: Show me the carbon
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
Letter from Europe: Western retreat raises doubts over climate leadership
Opinion
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search