Nuclear power renaissance
Nuclear power renaissance COP28 declaration to triple nuclear energy capacity by 2050 recognizes the key role of nuclear energy in achieving global net-zero greenhouse gas emissions by 2050 keeping the 1.5-degree goal within reach. The endorsing countries include the United States, Bulgaria, Canada, Czech Republic, Finland, France, Ghana, Hungary, Japan, Republic of Korea, Moldova, Mongolia, Morocco, Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, United Arab Emirates, and United Kingdom.
Lets Talk Tech looks at nuclear energy role as a pillar of the path to carbon free future.
Lina Tayara gathered insights and trends at the European nuclear industry leaders congress in London in this video.
Our story kicks off with an interview with
*Professor Roger Cashmore CMG, Former Chairman of UKAEA, Director of Research of European Organization for Nuclear Research, Principal of Brasenose College, Oxford. He speaks with us on
- The safety of nuclear reactors
- Solving the global warming problem
- Energy issues
- Ideological v/s pragmatic policy making and
- COP28
“The issue is dramatic. We will replace 85% of the world’s energy supply with new supply by 2050 and get rid of CO2. We have to do in 20 years what took us 80 years to construct. “
“22 countries agreed to increase nuclear capacity 3x by 2050 which will help cut down emissions. It doesn’t include India China or Russia who haven’t agreed to doing that. The big players are China India and the USA.”
We also cover insights from several other prestigious experts:
*Csaba Marosvari, Deputy State Secretary for Energy Security, Hungary who argued that
- Decarbonisation is not possible without the use of nuclear energy.
- He also criticises EU ideological policy making and
- Calls for education on nuclear energy benefits and the need for its acceptance by society.
- By 2030 Hungary wants to achieve 90% of its power generation to be carbon neutral.
- With Ukraine war, Hungary needs to secure energy supply without compromising on sustainability and affordability.
- Hungary is expanding nuclear capacity with a new £12.5bn project in partnership with Russia Rosatom currently the largest in the EU with a capacity of 2.4MW.
*Caroline McGurk, Director, sustainable infrastructure team, Ernst & Young LLP on
- The new heroes of net zero
- Inclusion to represent the whole of society
- Competition for talent with other countries and other sectors and
- The huge scale of challenge in the UK with the decline in operation capacity and skills shortage
* Professor Radek Skoda, head of power systems 4.0, CIIRC CTU Prague.
- While most electricity we use is for heating water, nuclear heats 3x cheaper than electricity and 10x cheaper than natural gas especially these days as its not coming from Russia.
- Furthermore electricity can be transported hundreds of km with power lines.
- Also heat can be transported 40km. Hence nuclear facility can be in brown fields.
- The need for thousands of nuclear engineers.
* Christhian Rengifo, Senior Consultant, UxC
- Expects 150+ reactors to be built worldwide over the next 2 decades
- Small, advanced and micro reactor (SAMR) being the answer to world’s future clean energy needs
- The shift in Europe from anti nuclear power to pro nuclear power
- Energy security going top of the agenda
- An overview of Belgium, Finland, the Netherlands, Spain, Sweden, Switzerland
- The future of nuclear power being more positive now than 10 years ago.
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