How to Sustain the Nuclear Renaissance

| Point of View

Explore how nuclear is once again being embraced as an important and viable energy source

Following two major events concerning nuclear energy plants in the 1970s and
80s, most European and American nuclear programs were brought to a halt. However,
in the last two decades a number of factors are encouraging a shift towards adopting
nuclear energy.

Four key factors explain this nuclear energy renaissance: Global energy demand
and supply, global energy security of supply, climate change calls for carbon
free energy and maturing nuclear energy industry

In order for this nuclear power renaissance to fulfill the world’s growing energy
demands, a number of prerequisites must be met. The most important of these include:

  • Effective nuclear non-proliferation control
  • Stringent safety management
  • Long project lifetimes and big investments
  • Financial competitiveness
  • Smooth industrial ramp up
  • Public acceptance