As a result, nuclear power may be on the cusp of a revival of the golden age seen after the 1970s oil crisis that led to a flurry of projects, although opposition from politicians and non-governmental organizations, funding issues and safety concerns will have to be overcome.
Newly elected leaders of the Philippines, Japan and South Korea, empowered by shifting public opinion because of high energy prices and the need to cut emissions, are pushing ahead plans to restart reactors and build new plants to ease power shortages. Vietnam may also revisit two projects shelved in 2016 because of safety concerns and budget constraints.
Global nuclear capacity will need to double by 2050 to achieve net-zero targets, the IEA said last month, to power electric vehicles and produce non-fossil fuels such as hydrogen and ammonia to cut heavy industry emissions.New technologies such as small modular reactors , quicker to build and less costly than conventional units, are being discussed in Singapore, the Philippines and Japan, Paul Stein, chairman of Rolls-Royce SMR, a unit of Rolls-Royce, said last month.
Nuclear provides about 5 percent of Asia Pacific’s power supplies and this is expected to rise to 8% in 2030 based on projects that have been announced, he said. The budget for French utility EDF’s Hinkley Point C project, under construction in the UK, has spiraled and it will begin generating a decade later than initially promised. EDF has blamed the pandemic for constraining staffing, resources and supply chains.
Still, as existing U.S. reactors struggle, the Biden administration is implementing a $6 billion program passed last year to help them and is backing additional policies for the sector. A Senate bill announced on July 27 could help build advanced reactors and prevent old plants from closing if passed by Congress.
Source: Energy Industry News (energyindustrynews.net)
Reuters Ang enerhiyang nuclear ay malinis, walang carbon emissions tulad ng coal. Hindi nangangailangan ng daan daang ektarya tulad ng solar, at pwedeng mag operate ng 24/7 hindi tulad ng wind power. Bababa ang kuryente at di tayo matatali sa presyo ng coal na kailangan pang angkatin.
Reuters That's okay basta wag lang kakampinks ang masabogan.🤪
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