Housing Ministry unveils new incentives to support developers, ease market pressures    Egypt, World Bank explore deeper social protection ties    EGX closes on red note on May 11    CBE : Egyptian pound moves up against US dollar    Japan's PM urges full tariff removal in US trade talks    Trump lauds 'total reset' with China    Egypt's UPA, Gustave Roussy sign health protocol    Egypt, WHO expand AI diagnostics, emergency response cooperation    Pakistan gave positive ceasefire response for regional peace: PM Sharif    EGP 920m invested in 31,000 youth projects in Damietta over 9 months: MSMEDA CEO    1.5 billion e-documents uploaded to Egypt's e-invoicing system: ETA chief    Famine ravages Gaza as Israeli siege enters 3rd month    US, China commence sensitive trade negotiations in Geneva    Egypt signs agreement with France to upgrade Hermel Oncology Hospital    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    UK to seal 1st post-tariff war trade deal with US    Egypt, Bahrain discuss enhanced pharmaceutical cooperation    Minister of Health discusses strengthening healthcare partnership with AFD    Health Minister orders expansion of residency training programmes to strengthen medical workforce    Al Ismaelia, Coventry University Cairo partner on urban development education    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Fukushima to slow, not stop, nuclear growth
A UN meeting affirms that Japan's Fukushima nuclear disaster would hinder rather than stop nuclear energy growth
Published in Ahram Online on 22 - 09 - 2011

Environmental group Greenpeace calls it a "dying and dangerous" industry and Europe's biggest engineering conglomerate, Siemens, is exiting the sector altogether.
Japan's Fukushima nuclear accident six months ago sparked doubts about the future of nuclear power across the globe and especially in Europe, highlighted by Germany's decision to quit the energy source and Italy's referendum to ban it for decades.
But in a sign that the worst such disaster in a quarter of a century may slow rather than stop nuclear energy growth, other big economic and political powers used a U.N. meeting this week to reaffirm their commitment to atomic energy.
U.S. Energy Secretary Steven Chu, whose country has the most nuclear reactors in the world, spoke of its role becoming more "valuable" as the world confronts climate change, growing energy demand and a struggling global economy.
The head of fast-growing India's atomic energy commission, Srikumar Banerjee, told the same annual member state gathering of the U.N. International Atomic Energy Agency (IAEA) of plans in his country for a "major expansion" of nuclear capacity.
Managing Director George Felgate of the World Association of Nuclear Operators, an industry body set up to help strengthen safety after the 1986 Chernobyl accident, said 66 reactors were under construction worldwide, many in China.
"We haven't seen any of those 66 cancelled or pulled back," he said on the sidelines of the week-long IAEA conference.
"Germany is an extreme reaction in my opinion. I think the whole world is watching Germany to see if in fact solar and windmills can replace nuclear. My personal opinion is no."
The IAEA itself says it still sees "significant" growth ahead -- forecasting at least 90 new reactors by 2030 to add to the world's existing 432 -- even though Fukushima has prompted it to cut its forecast somewhat.
After a huge earthquake and a massive tsunami struck on March 11, reactor fuel rods at the Japanese plant began melting down when power and cooling functions failed, causing radiation leakage and forcing the evacuation of some 80,000 people.
"Following the Fukushima Daiichi accident there was speculation that the expansion in interest in nuclear power seen in recent years could come to an end," IAEA Director General Yukiya Amano told delegates at the meeting in Vienna.
"However, it is clear that there will, in fact, be continuous and significant growth in the use of nuclear power in the next two decades, although at a slower rate than in our previous projections."
Before the Fukushima crisis, the IAEA had expected up to 25 countries to bring their first nuclear power plants on line by 2030. Today, 29 countries have nuclear energy.
Interest remains strong in nations which are considering introducing nuclear for energy purposes, although a few have cancelled or revised their plans after Fukushima, Amano said.
Even though it sees continued growth in nuclear capacity, the IAEA's projections made clear that the energy form could struggle to hold on to its market share of about 13 percent as total electricity output may increase even faster.
PROJECTIONS "MEANINGLESS"
In its low-growth scenario, nuclear's share of total electricity generation by 2050 is projected to fall to 6.2 percent. At most, it would remain steady compared with now.
The projections did not specify how other energy sources -- such as oil- and gas-fired power plants, hydropower or renewables -- are expected to develop.
Greenpeace, which opposes nuclear power on safety grounds, dismissed the IAEA's latest forecast as a sign of "unrealistic optimism," saying the U.N. agency was a promoter of the industry, not an independent judge.
"The fact that agency is never late in coming up with upbeat messages to please the dying but dangerous nuclear industry confirms that it puts politics ahead of science and often even protection of public health," said Jan Beranek, head of Greenpeace's nuclear campaign.
The IAEA rejects such criticism, saying an action plan it drafted after Fukushima will significantly help boost safety.
In a sign of how Fukushima has already had an impact on industry, at least in Germany after its U-turn on nuclear energy, Siemens this month said it was pulling out of nuclear work, leading it to scrap a venture with Russia's Rosatom.
"The (nuclear) chapter is closed for us," Chief Executive Peter Loescher told German weekly magazine Der Spiegel in an interview published on Sunday.
Siemens' decision came after more than two years of turmoil around the engineering giant's nuclear business.
Japan itself, the world's third-biggest economy, has signalled it wants to reduce its reliance on nuclear power.
"Fukushima certainly has an impact on nuclear growth, but this must be kept in perspective," said deputy director general Stephen Kidd of the World Nuclear Association, an industry body.
"Several countries have reaffirmed their strong support for nuclear post-Fukushima, to counterbalance Germany, Italy etc."
Malcolm Grimston, a nuclear expert at London's Chatham House, suggested projections on where the industry will be in four decades may turn out to be "pretty much meaningless" because of the many uncertainties that could change the outlook.
"Fukushima will have a short-term effect and maybe a medium-term effect," Grimston said.
"But how any estimate of nuclear power in 2050 can be made without making vast unwarranted assumptions for example about climate change, geopolitics, the effectiveness of renewables, the organisation of power markets etc etc etc escapes me."


Clic here to read the story from its source.