That magic phrase again – Fukushima – “just a SPEED HUMP”
Report: Fukushima a “Speed Bump” on the Road to Massive Nuclear Power Expansion IEEE Spectrum BY: DAVE LEVITAN, JULY 26, 2012 “….. According to the UN’s Nuclear Energy Agency and the International Atomic Energy Agency nuclear power will expand between 44 and 99 percent by 2035, with a total added capacity between 165 and 371 gigawatts.

To be sure, some countries, notably Germany, which has pledged to shut down all of its 17 reactors by 2022, are headed in the opposite direction. Even if they follow through, however, this might not make a dent in the industry overall growth. The report, known informally as
the Red Book, predicts nuclear will expand between 125 and 185 percent in East Asia, with heavy construction in China, South Korea, India, and Russia. (Notably though, the low end of that prediction does not include the possibility that Japan will fully disavow the use of
nuclear in Fukushima’s wake.)
It seems striking that a disaster that captured the world’s full attention might have so little lingering effect. Gary Dyck, the head of nuclear fuel cycle and materials at IAEA, told Reuters that “we see [Fukushima] as a speed bump. We still expect huge growth in China.” That’s a hell of a speed bump; after Chernobyl in 1986, global nuclear capacity growth did slowfairly dramatically, though this could be attributed to a number of factors.
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