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Africa’s Nuclear Capacity Set to Double by 2030

Bywebmaster

Oct 10, 2024

October 10th (AMSP/CGTN) – – Africa’s nuclear capacity is projected to double by 2030 as more countries on the continent seek to introduce nuclear power into their energy mix. According to the International Atomic Energy Agency, the world’s nuclear capacity is now projected to increase by 2.5 times the current capacity by 2050.

The International Atomic Energy Agency has raised its annual nuclear power expansion predictions for the fourth year in a row. According to the agency, around 30 additional countries are either exploring or moving ahead with plans to introduce nuclear power into their energy mix.

The Paris-based organization says the final energy consumption is expected to increase by almost 60% by 2050 compared with the 2023 level, at an average annual rate of approximately 1.7%. By 2050 the share of electricity in final energy consumption is expected to increase by more than 30 percentage points from its 2023 share.

For electricity production on the continent, the report shows that hydro-electricity was the largest source of low carbon electricity, accounting for about 18% of total electricity production in 2023, although its share has decreased by about 6% over the past 40 years.

The report indicates that the share of wind and solar has increased gradually since 2000, growing from less than 1% to approximately 5% by 2023.

Globally, the report shows that fossil fuels have dominated final energy consumption since 1980, while their combined share has gradually decreased from over 75% in 1980 to around 65% in 2023.

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