Phenomenal rise in nuclear power in 3 years: WNA chief

Image
IANS Sochi (Russia)
Last Updated : May 14 2018 | 7:45 PM IST

Nuclear power is the only source of energy with a low carbon footprint that countries can purchase of which the world has witnessed a phenomenal expansion in the last few years, a leading expert said on Monday.

Agneta Rising, Director General of the UK-based World Nuclear Association (WNA), told IANS in an interview on the sidelines of the 10th Atomexpo conference here organised by Russian state-run atomic energy corporation Rosatom that the progress in this area in the last few years has meant that 55 new reactors will be connected to the grid in course of time, which is more than a doubling of the results obtained during the previous 25 years.

"The nuclear industry is going forward very strongly because of the realisation that it is the only form of low carbon energy that one can buy," Rising said, pointing out that other forms like hydropower have, instead, to be physically available in a country for its exploitation.

"With the efforts of the last three years, there will be 55 new reactors of 19 different reactor designs that will get connected to the grid signifying 15 per cent increase in capacity," she said.

"These developments involve 12 countries, including two newcomers, and means more than doubling of the nuclear capacity compared to the previous 25 years," she said, adding that among the latter is Bangladesh where work has started on construction of its first nuclear power plant at Ruppur being made in collaboration with Rosatom.

Rosatom is also the equipment suppliers and technical consultants for the Kudankulam Nuclear Power Project in Tamil Nadu, the first two units of which have already been commissioned.

Besides its low carbon footprint, nuclear energy offers reliable power at cost-competitive rates and provides lots of skilled job opportunities, Rising said.

"The trend in the industry is now more for international partnerships and many new countries seeking civilian nuclear energy," she said, adding that with the new global needs, especially from emerging economies like India and China, nuclear capacity needed to go up to 25 per cent in future.

(Biswajit Choudhury is in Sochi at the invitation of Rosatom. He can be reached at biswajit.c@ians.in)

--IANS

bc/him/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 14 2018 | 7:36 PM IST

Next Story