China Is Literally Going Nuclear

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, July 25, 2013 China Is Literally Going Nuclear The EIA released its world energy outlook through 2040.  There were lots of fascinating charts, but this one jumped out at us: China's projected use of nuclear power. From about 15 gigawatts to 160 gigawatts by 2040, that's about a 967% increase. To put that in perspective, U.S. capacity is currently about 101 gigawatts. And as the title of the slide indicates, it accounts for more than 40% of all future global nuclear growth. By 2040, nuclear will comprise 11% of total generation in China, compared with just under 2% now.  EIA international energy analyst Linda Doman told us China already has lots of nuclear plants set to come online through 2020. After that, growth will be driven by the country's plan to break coal's grip as the dominant source of energy. Read » Also On Markets Today: STOCKS CLIMB, FACEBOOK SURGES: Here's What You Need To Know Look How Jon Hilsenrath Just Moved The Bond Market Advertisement CHART OF THE DAY: One Mega Trend Has Been Behind Every Major Asian Economic Boom In The Past 50 Years CHART OF THE DAY: The Misery Index Is Bullish For Stocks CHART OF THE DAY: The Best Earnings Forecaster In The World Couldn't Make Money Trading Earnings Announcements Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Markets RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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