Thursday, March 21, 2024

The Nuclear Energy Summit

 


The Nuclear Energy Summit has opened in Brussels. The summit is the first of its kind seeking to expand nuclear power. Europe was for a time focusing on the expansion of renewable energy. This comes as a reversal of policies that were proposed a decade ago. Demonstrations against the summit expressed concerns from environmentalists. Nuclear power does produce waste, which must be stored in other areas. Unless there is a serious discussion about fusion reactors, the summit will not be effective. Nuclear fusion reactors could generate power and reduce waste. Environmentalists note that more nuclear reactors will not protect the climate. The expansion of nuclear power plants is about energy independence for Europe. The Russia-Ukraine War made EU countries realize how vital this is. Another aspect is that nuclear energy business sector wants to remain relevant. Solar, hydropower,  and wind power technology could get much cheaper, which means it would be more difficult for nuclear to compete. The move away from nuclear power was sparked by the Fukushima nuclear disaster in 2011.According to IAEA nuclear energy accounts for less than 10 % of global energy generation. France remains the leader in nuclear energy. An estimated 66.66 % accounts for its energy generation. A total of 30 countries are attending the summit in Belgium. The proposals are designed to phase out fossil fuels, which using nuclear energy as a substitute. The objective is to triple nuclear energy. This is dependent on the amount of uranium available. Countries such as Kazakhstan, Canada, and Namibia are going to have more importance to the nuclear energy industry. Those countries have uranium mines, but it is not clear if the can keep up with a surge in demand. The goal is to reduce emissions by 2050 , but certain factors could prevent this summit target. The Nuclear Energy Summit has been controversial with activists concern about negative effects to public health and the environment.    

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