Asia

Asia's fission frenzy

April 10, 2014: 6:51 AM ET

While the U.S. relies on decades-old nuclear reactors, China and its neighbors go on a building spree.

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FORTUNE -- "A lot of what's constraining nuclear power is economics," says Matthew Bunn, a professor of practice at the Harvard Kennedy School. It's much easier for a large, centralized state than for a private utility to absorb the billions in upfront costs necessary to build a reactor. That, says Bunn, is largely why growth is concentrated in Asia and Russia.

MORE: China goes nuclear

This story is from the April 28, 2014 issue of Fortune

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