Global Nuclear Power Capacity Expected to Grow 44% by 2036
A new report from BloombergNEF reveals that global nuclear power capacity is projected to increase by 44% over the next decade. According to the findings, China will surpass the United States to become the world's largest nuclear power capacity holder, while India will also expand its nuclear capabilities to enhance energy security.
Global Nuclear Power Capacity Outlook
| Year | Nuclear Capacity (GW) |
|---|---|
| 2025 | 372 |
| 2036 | 535 |
The report indicates that global nuclear power capacity will reach 535 GW by 2036, up from 372 GW at the end of 2025. China's capacity is expected to nearly double from 59 GW to 102 GW, overtaking the United States to become the operator of the world's largest nuclear fleet.
Key Drivers of Nuclear Expansion
Several factors combined will drive the increase in nuclear power capacity over the next decade:
- Energy security concerns
- Rising electricity demand from AI centers
- Carbon reduction targets
Nuclear energy is showing signs of a global resurgence as governments and technology companies seek reliable, low-carbon energy sources. The consistent baseload power provided by nuclear plants becomes increasingly valuable in grids with variable renewable energy sources.
China's Leading Role in Nuclear Expansion
In major emerging markets across Asia, particularly China and India, nuclear energy will play a crucial role in meeting growing electricity demands driven by electrification and AI data centers. China is constructing solar, wind, coal, and nuclear power plants with equal enthusiasm, aiming to include "all energy sources" in its portfolio.
The Beijing government plans to bring seven new nuclear reactors online this year, significantly expanding its existing nuclear fleet, which is already the largest in the world. This aggressive expansion strategy positions China as a global leader in both nuclear technology deployment and manufacturing.
India's Future Nuclear Ambitions
Meanwhile, a committee established by India's Ministry of Energy has released a report stating that India aims to increase nuclear power capacity to 100 GW by 2047, up from just 8.8 GW currently. To achieve this target, India may require 19.28 million trillion Indian Rupees, equivalent to approximately $204 billion at current exchange rates.
The Indian government has declared that its nuclear energy mission targets 100 GW capacity by 2047 "through the deployment of both existing and advanced nuclear technologies, both domestically and through international cooperation."
The global increase in nuclear power capacity reflects not just a temporary trend but a growing demand for clean and sustainable energy. Countries like China and India are leading investments in nuclear energy, contributing to enhanced energy security and meeting the escalating demands of the global economy.
#NuclearEnergy #China #India #EnergySecurity #BloombergNEF