wealthwire.com / By Brianna Panzica / Tuesday, January 29th, 2013
The backlash from Japan’s nuclear disaster at Fukushima was enough to make a number of countries reconsider their power sources.
Germany made a decision, following the incident, to slowly phase out all the nation’s nuclear power plants. Likewise, Italy voted to maintain its nuclear-free status, with very little opposition.
And Japan, of course, is still considering how to proceed with its nuclear policy. As of this month the nation had 50 operable reactors and three under construction.
But just as the Chernobyl and Three Mile Island disasters did little to slow down the global nuclear development, so might this incident only present a bump in the road. After all, even Japan has ten more reactors planned for construction.
And Italy might not have any reactors of its own, but through imports it receives roughly 10% of its power from nuclear sources.
While Germany continues to move ahead with shutting down its reactors, other nations, particularly developing nations, are going to be the leaders in increasing nuclear power generation in the years to come.