Resource thumbnail The World Nuclear Association - WNA - shares the concern of the International Energy Agency - IEA - that urgent action will be needed to steer the world energy system onto a safer, low-carbon path. In the 2014 edition of its World Energy Outlook - WEO - issued in London, the IEA said that nuclear power is one of the few options available at scale to reduce carbon dioxide emissions while providing or displacing other forms of baseload generation. It has avoided the release of an estimated 56 gigatonnes of CO2 since 1971, or almost two years of total global emissions at current rates. The WEO incorporates all the latest data and developments to produce a comprehensive and authoritative analysis of medium- and longer-term energy trends. The latest edition includes a special focus on nuclear energy. Of particular interest indicated in the report is that Chinese energy demand growth is slowing down, and in the 2020s this slowdown will be much more pronounced. There are three reasons expressed as to why Chinese energy demand will slow down. One, China takes energy efficiency much more seriously than many other countries. Second, as economic growth slows down, this changes the nature of being energy intensive. And third, as population growth in China slows down, that will then start to decline. Futher, China, which has been the engine of global energy demand in the last decade, will likely be replaced by India and eastern Asia as leading the energy demand, which will likely require additional nuclear power plants to replace the coal and natural gas now being burned.
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