Outlook for Nuclear Energy

The outlook for nuclear energy is positive — the greatest uncertainty is more about "when" there will be significant growth in the nuclear industry rather than "if." Nuclear energy is just another way to generate electricity, so it is impossible to discuss the outlook for nuclear without understanding the need for electricity.

The fact is, electricity is essential to maintaining and improving standards of living and demand for access to it will continue to grow. Global economic growth will likely be even more a fact of life in the 21st century than it was in the last century. As standards of living and populations increase, energy consumption will expand. For now and the foreseeable future, there is no substitute for electricity to facilitate work, provide comfort, conserve food, promote hygiene and improve health.