Monday, October 07, 2024

The gap between China and the rest of the world is huge

nuclear_power_plant.jpg

Energy will be one of the most demanded commodities in the world in the next 2 decades. And China knows this. The energy obtained from nuclear power plants is reliable and cheap. And those who have cheap energy will produce the goods for the world.
China is currently building 46 reactors, while the United States is building only 2 reactors.
The situation is even worse in Europe, where nuclear power plants are closing (Germany), and there is no talk of building new ones.

China Reators Construction

China is going to build 150 new nuclear reactors over the next 15 years. This is more than has been built around the world in the past 35 years. The cost of the project is $440 billion.

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