Nuclear Energy Supply Forecast by Region

Nuclear Energy Supply Forecast by Region

As the world races towards net-zero emissions by 2050, the demand for clean energy is on the rise. 

While renewable installations like solar or wind farms may take time to establish and operate effectively, nuclear power presents a promising solution. It will fill the gap and provide the world with clean and reliable electricity.

For this graphic, the third and final in the 3-part Fueling the Future Series, Visual Capitalist has partnered with Global X ETFs to analyze forecast electricity generation from nuclear power facilities worldwide. 

Forecasting Growth

Forecasts provided by the International Energy Agency (IEA) show that the total amount of electricity generated by nuclear fuels worldwide will grow by over 200 TWh over the next few years, with growth occurring especially in Europe and Asia-Pacific.

Asia-Pacific will see the highest growth in the total electricity generated by nuclear reactors, with Europe in second place. By 2026, Asia-Pacific will generate an additional 124 TWh of electricity from nuclear fuels, whereas Europe will generate an extra 58 TWh in the same year.

Facilitating the Energy Transition

As the world transitions toward a greener future, the demand for clean electricity like that produced by nuclear energy creates opportunities globally, particularly in uranium and nuclear fuels. 

The Fueling the Future series explores nuclear energy’s role in today’s energy mix and examines its importance in the clean energy transition. 

Are you looking for opportunities within the nuclear energy industry?

Learn more about the Global X Uranium ETF