the oregon group logo

Investment Insights. Stay Ahead.

IAEA forecasts nuclear capacity to increase 24% by 2030, 140% by 2050

In it’s latest nuclear power estimates report, the International Atomic Energy Agency (IAEA) estimates nuclear electrical generating capacity could double by 2050. They lay out two scenarios:

  • in the low case, nuclear electrical generating capacity projected to increase by about 9% by 2030 and then increase by about 23% by 2050
  • in the high case, nuclear electrical generating capacity projected to increase by about 24% by 2030 and increase by about 140% by 2050 compared with 2022 capacity
World nuclear electrical generating capacity uranium - The Oregon Group - Investment Insights

In the high case, the IAEA assumes the operating life of a number of nuclear power stations, scheduled for retirement, will be extended. This will mean only about 7% of the 2022 nuclear capacity will be retired by 2030. We can see this across UK, France and Japan, and others.

World nuclear capacity actual retirements and additions - The Oregon Group - Investment Insights

“Climate change is a big driver, but so is security of energy supply. Many countries are extending the lifetime of their existing reactors, considering or launching construction of advanced reactor designs and looking into small modular reactors (SMRs), including for applications beyond the production of electricity”

— General Rafael Mariano Grossi, IAEA Director

All this additional capacity of nuclear will need uranium to power it. Our report on how uranium is at the start of a 10-year bull market, with the uranium market will be positively impacted by a large net increase in global nuclear reactors, which require uranium as fuel.

Disclaimer

The Oregon Group has full editorial control over all content published on this website and the author has not been compensated or remunerated by any person to provide content for The Oregon Group, and all statements and expressions herein are the sole opinion of The Oregon Group. However, from time to time, The Oregon Group and its directors, officers, partners, employees, authors, or members of their families, as well as persons who are interviewed for articles on this website, may have a long or short position in securities or commodities mentioned and may make purchases and/or sales of those securities or commodities in the open market or otherwise. By accessing and using this website, readers are cautioned to assume that each of the foregoing persons may have a financial interest in all companies and sectors mentioned on this website. Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable., and any such statements are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur.  Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities or commodities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and The Oregon Group undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material. The information provided on this website is for informational purposes only and is not, directly or indirectly, an offer, solicitation of an offer and/or a recommendation to buy or sell any security or commodity, and the information provided on this website should not be construed as any advice or an opinion as to the price at which the securities of any company or commodity may trade at any time. The Oregon Group is a publisher of financial information, not an investment advisor.  We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient, and the information provided on this website is not and should not be construed as personal, financial, investment or professional advice. Readers are cautioned to always do their own research and review of publicly available information and to consult their professional and registered advisors before purchasing or selling any securities or commodities and should not rely on the information contained herein. Neither The Oregon Group nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer and our terms of use. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.

Share this article

about the author

The Oregon Group

The Oregon Group

The Oregon Group is an investment research team founded by independent capital markets experts, Anthony Milewski and Justin Cochrane.

Tags

Subscribe for Investment Insights. Stay Ahead.

Subscribe and get today’s market and industry trends delivered to you in real-time.

[mepr-membership-registration-form id="4595"]

SUBSCRIBE FOR INVESTMENT INSIGHTS

Welcome to The Oregon Group, an investment research team founded by independent capital markets experts, Anthony Milewski and Justin Cochrane.

Anthony, Justin and their team, are now sharing their boardroom expertise, institutional experience and analysis from our global network, to help you profit and hedge your investment exposure during this time of unmissable opportunity.

Subscribe and get today’s market and industry trends delivered to you in real-time.

[mepr-membership-registration-form id="4595"]