Building a world of
resilient communities.

MAIN LIST

 

UN predicts rapid nuclear growth

The International Atomic Energy Agency has forecast that the use of nuclear energy will increase rapidly in the coming years.

In a report released on the eve of a conference in Moscow marking 50 years of commercial nuclear power, the UN's nuclear agency says that more reactors are being built in Asia than anywhere else.

Nuclear power now generates about one-sixth of the world's electricity.

The IAEA believes that is likely to rise as concerns over fossil fuel use and global warming increase.

It forecasts that nuclear reactors will meet a quarter of the world's needs by 2030, with further expansion over the following decades.

But according to Alan MacDonald, an economic specialist with the IAEA, that is only going to happen if international treaties like the Kyoto Protocol impose financial penalties on technologies which produce large amounts of carbon dioxide.

"One of the advantages of nuclear power is it produces virtually no greenhouse gas emissions," he said.

"It's about the same as solar and wind and well below natural gas and coal. However, at the moment there are very few restrictions on carbon emissions and so that advantage doesn't translate into any economic benefit on the bottom line for an investor."

Asian programmes

Asia is adopting nuclear technology more avidly than any other continent. Of the last 31 reactors to come online, 22 are in Asia.

The region is also building 18 of the 27 being constructed around the world.

In north America and western Europe, the IAEA says construction of new reactors has "virtually halted" because of environmental concerns, accidents like Chernobyl, and the economic advantages of natural gas.

But some countries will exhaust their supplies of gas in the next few decades, and some arms of the environmental movement now advocate nuclear power as a way to avoid the worst consequences of global warming.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

Tags:  

Shales vs. solar: An investment perspective

But perhaps the real proof of a new energy paradigm shift lies in the fact …

Peak Oil Review - July 28

A weekly review including Oil and the Global Economy, The Middle East & …

The Changing Face of World Oil Markets

My conclusion is that hundred-dollar oil is here to stay.

IEA Oil Market Forecast: Optimistic Assumptions And An Economy Unable To Grow Out Of Its Problems

The International Energy Authority does does its best to paint a rosy …

Energy Crunch: Global debate heats up

News that last month was the world’s hottest June on record provided …

Divest! - Then What?

Divestment is one of the great campaigns of our times.But the question then …

World Oil Production at 3/31/2014-Where are We Headed?

The standard way to make forecasts of almost anything is to look at recent …