IEA: China Nuclear Power to Exceed US | Financial Tribune

IEA: China Nuclear Power to Exceed US | Financial Tribune: China will exceed US nuclear power production soon due to recent initiatives taken by Beijing to accelerate the adoption of alternative fuel source, according to an International Energy Agency official. "The Asian nation’s total capacity may also surpass that of the European Union," IEA Executive Director Fatih Birol told reporters during International Petroleum Week in London, Oil Price reported. “China is coming back strong. Today there are about 60 nuclear power plants under construction and more than one-third of them are in China. China is growing and as a result of that we will soon see China overtaking the United States as the number 1 nuclear power in the world,” Birol said at the conference. Output in Europe, particularly in France, a major European nuclear investor, has dropped over the past few years.