October 15, 2011

OECD energy statistics for July 2011

IEA has reported the energy statistics for July 2011 for the OECD

For the year to date, nuclear generation is down 2.5% or about 15 Terawatt hours for the OECD. For July it was down about 10 Terawatt hours for the same month in 2010. For the remaining 5 months the expectation would be similar monthly deficiency. The OECD should have nuclear energy generation that is down 65 Terawatt hours versus 2010.

The Non-OECD countries (India, China, Russia, Ukraine, Iran, etc...) will probably have higher nuclear power generation but not enough to offset the OECD shortfall. This is in regards to a nuclear generation bet that the world will generate 2600 TWH in 2011.

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