has it bottomed out?, page-64

Meanwhile on the demand side.....future demand is piling up...

The Saudis have just annoucned 16 new Nuclear power plants will be built by 2030.

Saudi Arabia and its Gulf neighbors regard nuclear power as a way to meet rising electricity demand while reducing reliance on polluting fossil fuels, say analysts.

“After 10 years we will have the first two reactors,” Melaibari told Arab News. “After that, every year we will establish two, until we have 16 by 2030. We would like to cover 20 percent of electricity needs using nuclear energy.”

He estimated the cost of each reactor to be around $7 billion, adding that the Kingdom is in the process of concluding deals with specialized companies to implement the project.

The UAE in December 2009 awarded a South Korean consortium the contract to build four nuclear power plants worth $20.4 billion.
Power demand in Saudi Arabia is estimated to grow seven to eight percent during the next 10 years. It is the largest economy of the GCC, with an annual GDP of $622 billion and a GDP per capita of $24,200.

http://www.arabnews.com/news/462415

also a Chinese state owned company has just annuonced that it will build the worlds largest nuclear reactor


The Taishan Nuclear Power Plant is under construction and plans to go online in 2013 and will be the third site to house Areva's 1,700 megawatt (MW) European Pressurized Reactor (EPR) units.

Taishan 1 is scheduled to begin operation by December 2013.
Taishan 2 is scheduled to begin operation by December 2014.
They will each have taken just over 4 years to build.

http://articles.economictimes.indiatimes.com/2013-08-24/news/41443942_1_power-plant-two-units-total-installed-capacity