Fed trims US GDP growth outlook    EIB supports French defence SMEs with €300m loan    Waste management reform expands with private sector involvement: Environment Minister    Mideast infrastructure hit by advanced, 2-year cyber-espionage attack: Fortinet    SCZONE signs $18m agreement with Turkish Ulusoy to establish yarn factory in West Qantara    Egypt PM warns of higher oil prices from regional war after 1st Crisis Committee meeting    US firm VXI to create 4,000 jobs in Egypt in $135m expansion    Egypt's Foreign Minister discusses Mideast de-escalation with China FM, EU Parliament President    Egypt's PM urges halt to Israeli military operations    Egypt's FM holds talks with Arab counterparts over Iran-Israel escalation    UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    EGP opens flat against USD on Monday    Sisi launches new support initiative for families of war, terrorism victims    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    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.



International Energy Agency tailors a plan for post COVID-19
Published in Amwal Al Ghad on 23 - 11 - 2020

As per the energy-focused COVID-19 recovery plan conducted by the International Energy Agency (IEA), actions and solutions were determined to aid our world to gravitate towards a more promising, prosperous, and sustainable future.
In order to reinforce this noble purpose, investment in existing Nuclear Power Plants (NPPs), the establishment of new ones, and last but not least the induction of innovation into Small Modular Reactors (SMRs), should be taken into account. The recovery plan also encompassed some robust measures that would underpin a wide range of technologies pertinent to the shift to cleaner energy sources.
Agneta Rising, former Director General of World Nuclear Association, commented on what was mentioned by the IEA in their recovery plan by stating: "This report confirms that extending the operations of existing nuclear plants will support thousands of jobs and avoid more emissions per GW than other low-carbon options." Additionally, she added: "Governments stimulus packages should also accelerate the deployment of new nuclear build, to bring immediate employment and economics benefits through policies aimed at delivering a clean energy future."
Thus, the report hammered, basically, on two fundamental and indispensable topics that would contribute to the accomplishment of both purposes mentioned beforehand, which are securing a future that enjoys the presence and abundance of cleaner energy sources, along with generating sustainable job opportunities for people who are in dire need of work.
A promising future of a sustainable clean energy:
Based on what was brought up in the report, the extension of the lifespan of any NPP would partake in the enhancement of electricity security. Meaning, by lowering the risk of outages, boosting flexibility, reducing losses, and integrating larger shares of variable renewables such as; wind and solar energies, this looked-for security of electricity which will be guaranteed further down the road. Moreover, and as a matter of course, the perennial operation at any NPP would result in lessening fossil fuel imports, as well as improving the affordability of electricity to consumers at scale.
Also, the IEA's report reiterated that exerting some endeavors in modernizing and upgrading the existing and running nuclear facilities, would lead to the avoidance of a steep decline in low-carbon electricity generation. Hence, the establishment and construction of new nuclear facilities would, certainly and subsequently, boost low-carbon generation.
Generating job opportunities:
As previously mentioned, the IEA's recovery plan also included a recommendation relevant to the investment in new NPPs. Nevertheless, the report expounded the unfortunate fact that the number of new NPPs, which are ready to be constructed, is low, despite the truth that thousands of supply chain jobs would be created and secured years before the NPPs' construction.


Clic here to read the story from its source.