The Financial Times has examined the growing interest in extending the lives of nuclear plants around the world to meet increasing demands for energy in the article "Nuclear Energy's New Lease of Life." It says:
Most of the world’s operating nuclear power plants, around 400, were built in the 1970s to 1990s and are now coming to the end of their projected lives or original licence periods.
Yet the power they provide is urgently needed. The International Energy Agency estimates demand for electricity could more than double by 2050. Alongside this, the need to fuel the power-hungry data centres owned by technology companies is creating an immediate pull in many regions.
France is the largest producer of nuclear power in the EU, but President Emmanuel Macron initially committed to scaling back its role in the country’s energy mix, following his election in 2017. However the surge in European gas prices following Russia’s full-scale invasion of Ukraine prompted a change of heart.
In 2022, Macron pledged to build up to 14 new reactors — 25 gigawatts of new capacity — by 2050, but the process has lagged.
But Tokyo is now banking on nuclear energy to meet the rising demand for power. Since Fukushima, 14 plants have been reopened. Regulators have also given eight reactors the green light to operate for a total of 60 years — 20 years longer than the original limits — and will exclude time spent offline.
Elsewhere in Europe, Germany’s election winner Friedrich Merz and his Christian Democrats have been highly critical of Olaf Scholz’s government for pushing through with a Merkel-era promise to end nuclear power even in the midst of an energy crisis.