TOKYO One major driving force behind the expansion of Toshiba's nuclear power plant business is the growing demand for electricity in Asia.
According to the World Nuclear Association, 99 of 447 nuclear power plants operating in the world are in the United States. Three countries -- the U.S., France and Japan -- account for more than 50% of all nuclear power plants in operation on an output basis. But the projected output of plants under construction tells a very different story. China alone accounts for nearly 40% of the total and Asia as a whole makes up over 60%.
