The nuclear energy generation in North America showed a mixed trend from 2013 to 2023. After moderate growth from 2013 to 2019, the generation peaked at 963.69 TWh. From 2020 onwards, there was a steady decline, and by 2023, the value stood at 903.96 TWh. The year-on-year variations highlighted this, with a noticeable downward trend from 2020 to 2023. The compound annual growth rate (CAGR) further illustrated a decline, from a -0.25% in 2020 to -1.26% in 2023.
For the future, it is projected that the downward trend will continue, with nuclear energy generation expected to drop to 878.02 TWh by 2028. The forecast 5-year CAGR is -0.46%, indicating a continued reduction rate of about -2.27% over the next five years.
Future trends to watch for:
• Environmental regulations impacting nuclear energy operations.
• Technological advancements in nuclear reactor design.
• Economic factors influencing investments in nuclear infrastructure.
