New Growth for Nuclear Energy Depends on Asia
Article from World Politics Review --
As
it enters middle age, the nuclear energy industry is facing a question
common at this stage of life: Does it still have exciting possibilities
for growth, or are its best days behind it? Optimists who see nuclear
energy as an appealing low-carbon option for combating climate change
praise its stability and reliability over decades of operating
experience, as well as the cheapness and reliability of uranium fuel
supplies. Organizations like the International Energy Agency foresee
substantial increases in nuclear-generated electricity over the next few
decades, with the number of nuclear plants worldwide—currently at
roughly 400—perhaps doubling or tripling.
Yet, nuclear power can seem passe compared to new energy technologies such as solar, wind and shale gas. And after the 2011 Fukushima nuclear disaster in Japan, the industry’s share of global electricity generation has fallen to its lowest level in three decades as alternative sources have gained traction. Germany’s planned closing of its nuclear plants in 2022 will shutter a score more. ...
Yet, nuclear power can seem passe compared to new energy technologies such as solar, wind and shale gas. And after the 2011 Fukushima nuclear disaster in Japan, the industry’s share of global electricity generation has fallen to its lowest level in three decades as alternative sources have gained traction. Germany’s planned closing of its nuclear plants in 2022 will shutter a score more. ...
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