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2018 Exceptional Year for Nuclear Power Firsts

Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed  at an average capacity factor of about 80%, says a new report from the World Nuclear Association (WNA). 

The world’s reactors—a total 397 GWe—produced 2,563 TWh. That’s more than 10% of global electricity demand, and 61 TWh more than in 2017, which means the world’s nuclear generation grew for for the sixth successive year, the Aug. 29-released World Nuclear Performance Report says. 

Kromek Group plc designs, develops and produces x-ray and gamma-ray imaging and radiation detection products for the medical, CBRNe security, Homeland Security and civil nuclear radiation detection markets.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.