China’s Nuclear Power Capacity Set to Overtake U.S. Within Decade

  • Nuclear capacity to soar to nearly 100GW by 2026: BMI
  • Last year’s nuclear capacity increased by 7GW, most on record
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China’s rapid nuclear expansionBloomberg Terminal will result in it overtaking the U.S. as the nation with the largest atomic power capacity by 2026, according to BMI Research.

The world’s second biggest economy will almost triple its nuclear capacity to nearly 100 gigawatts by 2026, making it the biggest market globally, analysts said in a note dated Jan. 27. The nation added about 8 gigawatts of nuclear power last year, boosting its installedBloomberg Terminal capacity to about 34 million kilowatts, according to BMI.

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China’s Nuclear Power Capacity Set to Overtake U.S. Within Decade