section_path: History/Current prospects
section_name: Current prospects
paragraph_text: Current prospects
  
  By 2015, the IAEA's outlook for nuclear energy had become more promising, recognizing the importance of low-carbon generation for mitigating climate change. As of 2015, the global trend was for new nuclear power stations coming online to be balanced by the number of old plants being retired. In 2016, the U.S. Energy Information Administration projected for its "base case" that world nuclear power generation would increase from 2,344 terawatt hours (TWh) in 2012 to 4,500 TWh in 2040. Most of the predicted increase was expected to be in Asia. As of 2018, there were over 150 nuclear reactors planned including 50 under construction. In January 2019, China had 45 reactors in operation, 13 under construction, and planned to build 43 more, which would make it the world's largest generator of nuclear electricity. As of 2021, 17 reactors were reported to be under construction. China built significantly fewer reactors than originally planned. Its share of electricity from nuclear power was 5% in 2019 and observers have cautioned that, along with the risks, the changing economics of energy generation may cause new nuclear energy plants to "no longer make sense in a world that is leaning toward cheaper, more reliable renewable energy".
  
  In October 2021, the Japanese cabinet approved the new Plan for Electricity Generation to 2030 prepared by the Agency for Natural Resources and Energy (ANRE) and an advisory committee, following public consultation. The nuclear target for 2030 requires the restart of another ten reactors. Prime Minister Fumio Kishida in July 2022 announced that the country should consider building advanced reactors and extending operating licences beyond 60 years.
  
  As of 2022, with world oil and gas prices on the rise, while Germany is restarting its coal plants to deal with loss of Russian gas that it needs to supplement its Energiewende, many other countries have announced ambitious plans to reinvigorate ageing nuclear generating capacity with new investments. French President Emmanuel Macron announced his intention to build six new reactors in coming decades, placing nuclear at the heart of France's drive for carbon neutrality by 2050. Meanwhile, in the United States, the Department of Energy, in collaboration with commercial entities, TerraPower and X-energy, is planning on building two different advanced nuclear reactors by 2027, with further plans for nuclear implementation in its long term green energy and energy security goals.