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Goodbye nuclear power plants? To think! After years of debate about the closure of nuclear power plants (nuclear power plants) and energy transition – always with environmental protection and sustainability concerns – something spectacular happened recently at the World Climate Conference in Dubai.
22 countries want to significantly increase energy production from nuclear energy “for the benefit of the climate”. According to the statement published today, Saturday, capacities should triple by 2050 compared to 2020.
The following countries have signed: France, United Kingdom, Netherlands, Belgium, Sweden, Finland, Poland, Romania, Slovakia, Slovenia, Czech Republic, Bulgaria, Moldova, Hungary, Ukraine, USA, Canada, Japan, South Korea, Mongolia, United Arab Emirates Emirates and Ghana.
It is not surprising that Germany was not one of the signatories after the phasing out of nuclear weapons this year. Likewise, major powers Russia and China, both among the world’s largest producers of nuclear energy, are not on board.
Money sought for nuclear energy
The joint declaration of 22 countries states that nuclear energy plays a key role in achieving climate neutrality by the middle of the century and in reaching the 1.5 degree target, which the global community wants to prevent the worst consequences of global warming. hold on as long as possible. The specific goal is to reduce dependence on fossil fuels.
Other countries are also invited to participate. Investors and international financial institutions need to provide money for the expansion of nuclear energy.
In an interview with the AFP news agency, Rafael Grossi, head of the International Atomic Energy Agency (IAEA), criticized the obstacles encountered in many places in the financing of nuclear power plants. Some laws exclude financing of nuclear energy, for example in the World Bank.
Among other things, there are countries that want to produce more or new nuclear energy on their own but cannot finance it from their own resources. Grossi mentions, for example, Brazil, Argentina, South Africa, Morocco, Senegal, Kenya and the Philippines.
Useless without renewable energies
Focusing on nuclear energy does not exclude advances in alternative energies. In Dubai, several countries have committed themselves to a goal of tripling the production of alternative energy production methods by 2030.
The share of nuclear energy in global electricity production is currently around ten percent. The peak was 17.5 percent in 1996.
According to World Nuclear Association data, global nuclear energy production in 2022 was 2,545 terawatt hours, 100 terawatt hours lower than the previous year. Much of this decline was due to aging of French reactors; The lockdown in Germany and the war in Ukraine had a further negative impact on production.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
