Authored by Haley Zaremba via OilPrice.com,

The future of nuclear energy is in China's hands. While the United States remains the world's largest producer of nuclear energy, China's sector is growing at such a rapid clip that it is expected to overtake France as well as the United States to become the world's leading nuclear power producer within the next decade. In addition to this rapid expansion of traditional nuclear power capacity, Beijing has also quickly become the global leader in a broad and diverse range of advanced nuclear power technologies.

"By a wide margin, China will have the world's most dynamic and significant nuclear industry through 2035," Damien Ma, energy lead analyst for Gavekal Technologies, wrote in a recent report, as quoted by the South China Morning Post. "Construction efficiencies mean China can build a new plant in about six years, compared with more than a decade for the latest Vogtle reactors in the US," Ma went on to say.

The United States has added just one nuclear plant in the last decade, Georgia's long-delayed, over-budget, and controversial Plant Vogtle. Over the same time, China added a staggering 34 gigawatts of capacity. And, Beijing's latest five year plan shows that China has no intentions of slowing down.