Send this article to a friend:

November
28
2022

Will The World See A U-turn In Nuclear Energy?
Tyler Durden

The global energy crisis brought about by Russia's invasion of Ukraine has increased interest in alternative energy sources, including nuclear, around the world.

However, as Statista's Katharina Buchholz explains below, the age of nuclear infrastructure, the fact that the technology had entered a phase-out mode in many nations, and the continued resistance to new nuclear projects complicates a quick u-turn for many nuclear programs.

You will find more infographics at Statista

As seen in data by the World Nuclear Industry Status Reportmost nuclear energy programs were started in the 1970s, a fact that reflects in the age of nuclear reactors todayDespite some nuclear programs having ended (and many more scheduled for phase-out), the number of nuclear programs in the world has plateaued for many decades as some nations still take up the technology, most recently the United Arab Emirates and Belarus in 2020. Poland at the end of October announced that it is looking to start using nuclear energy in 2033. Around that time, six other nuclear programs - among them the ones in Belgium, Germany, Switzerland and Spain - will be scheduled to have shut down, even though this could now be subject to change. Balancing out a dip in nuclear programs could be Italy, which is discussing taking up the technology again under its new right-wing government despite abandoning and even outlawing it after the 1986 Chernobyl disaster. More u-turns are possible in Sweden and the Netherlands.

Some small steps towards nuclear extension are happening in countries known for die-hard opposition to nuclear energy, but they are facing the expected roadblocks. Germany recently extended the ability to use its remaining three reactors until April 2023 among a lively public debate. Originally, the country had planned to shut off all reactors by the end of this year. In Japan, which reduced the number of operating reactors significantly since the Fukushima disaster in 2011, some reactors are approaching 60 years of age - the former lifespan cap that the country might now do away with due to the current circumstances. In Belgium, where mean reactor age is above 40 years, a petition to postpone the September shut-off of one reactor failed, while the government extended the end-of-life of three others from 2023 to 2025 after the invasion of Ukraine and might even run some until 2035.

Despite the plateau in nuclear energy programs, the relative importance of the technology has still decreased as the capacity of other energy types outgrew nuclear. In 2021, the technology produced less than 10 percent of global electricity, down from a high of 17.4 percent in 1995 and 1996. Looking at all of the world's energy needs, not just electricity, nuclear contributed just 4.3 percent.

By Zerohedge.com

 


our mission:

to widen the scope of financial, economic and political information available to the professional investing public.
to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become.
to liberate oppressed knowledge.
to provide analysis uninhibited by political constraint.
to facilitate information's unending quest for freedom.
our method: pseudonymous speech...
Anonymity is a shield from the tyranny of the majority. it thus exemplifies the purpose behind the bill of rights, and of the first amendment in particular: to protect unpopular individuals from retaliation-- and their ideas from suppression-- at the hand of an intolerant society.

...responsibly used.

The right to remain anonymous may be abused when it shields fraudulent conduct. but political speech by its nature will sometimes have unpalatable consequences, and, in general, our society accords greater weight to the value of free speech than to the dangers of its misuse.

Though often maligned (typically by those frustrated by an inability to engage in ad hominem attacks) anonymous speech has a long and storied history in the united states. used by the likes of mark twain (aka samuel langhorne clemens) to criticize common ignorance, and perhaps most famously by alexander hamilton, james madison and john jay (aka publius) to write the federalist papers, we think ourselves in good company in using one or another nom de plume. particularly in light of an emerging trend against vocalizing public dissent in the united states, we believe in the critical importance of anonymity and its role in dissident speech. like the economist magazine, we also believe that keeping authorship anonymous moves the focus of discussion to the content of speech and away from the speaker- as it should be. we believe not only that you should be comfortable with anonymous speech in such an environment, but that you should be suspicious of any speech that isn't.

 

 

www.zerohedge.com

Send this article to a friend: