Energy

A Forecast of When We’ll Run Out of Each Metal

Published

10 years ago

September 4, 2014

Jeff Desjardins

A Forecast Of When We'll Run Out of Each Metal

A Forecast Of When We’ll Run Out of Each Metal

Here is one interpretation of when we’ll run out of each metal or energy source. While the technicalities of some of this information can be debated, I think the general theme runs the same. There is a limited supply of these commodities – and if there are no discoveries, no price changes, and no changes in consumption, we are running out relatively soon. In my opinion, there are two caveats that are always worth considering when looking at something like this.

1. “Reserves” are an engineering number that are based on economic viability. Technically speaking, there are small concentrations of gold everywhere. It is just not usually viable to mine 0.1 g/t gold. When we will “run out” of each mineral in this chart is based on current reserves and prices. If the gold price doubles, then suddenly it is economic to mine more.

2. This chart is a reminder that something has to give. Either prices are going to have to go up, or new amazing discoveries have to be made to keep prices down. It’s basic economics, and either way it seems that there are many opportunities in the mining industry for investors and speculators on both fronts.

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Energy

The World’s Biggest Nuclear Energy Producers

China has grown its nuclear capacity over the last decade, now ranking second on the list of top nuclear energy producers.

Published

2 days ago

April 17, 2024

Pallavi Rao

A cropped chart breaking down the biggest nuclear energy producers, by country, in 2022.

The World’s Biggest Nuclear Energy Producers

This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.

Scientists in South Korea recently broke a record in a nuclear fusion experiment. For 48 seconds, they sustained a temperature seven times that of the sun’s core.

But generating commercially viable energy from nuclear fusion still remains more science fiction than reality. Meanwhile, its more reliable sibling, nuclear fission, has been powering our world for many decades.

In this graphic, we visualized the top producers of nuclear energy by their share of the global total, measured in terawatt hours (TWh). Data for this was sourced from the Nuclear Energy Institute, last updated in August 2022.

Which Country Generates the Most Nuclear Energy?

Nuclear energy production in the U.S. is more than twice the amount produced by China (ranked second) and France (ranked third) put together. In total, the U.S. accounts for nearly 30% of global nuclear energy output.

However, nuclear power only accounts for one-fifth of America’s electricity supply. This is in contrast to France, which generates 60% of its electricity from nuclear plants.

Rank	Country	Nuclear Energy Produced (TWh)	% of Total
1	🇺🇸 U.S.	772	29%
2	🇨🇳 China	383	14%
3	🇫🇷 France	363	14%
4	🇷🇺 Russia	208	8%
5	🇰🇷 South Korea	150	6%
6	🇨🇦 Canada	87	3%
7	🇺🇦 Ukraine	81	3%
8	🇩🇪 Germany	65	2%
9	🇯🇵 Japan	61	2%
10	🇪🇸 Spain	54	2%
11	🇸🇪 Sweden	51	2%
12	🇧🇪 Belgium	48	2%
13	🇬🇧 UK	42	2%
14	🇮🇳 India	40	2%
15	🇨🇿 Czech Republic	29	1%
N/A	🌐 Other	219	8%
N/A	🌍 Total	2,653	100%

Another highlight is how China has rapidly grown its nuclear energy capabilities in the last decade. Between 2016 and 2021, for example, it increased its share of global nuclear energy output from less than 10% to more than 14%, overtaking France for second place.

On the opposite end, the UK’s share has slipped to 2% over the same time period.

Meanwhile, Ukraine has heavily relied on nuclear energy to power its grid. In March 2022, it lost access to its key Zaporizhzhia Nuclear Power Station after Russian forces wrested control of the facility. With six 1,000 MW reactors, the plant is one of the largest in Europe. It is currently not producing any power, and has been the site of recent drone attacks.