Thursday 26 July 2012

Nuclear expansion on track despite Fukushima: OECD report

Great news: Nuclear expansion on track despite Fukushima: OECD report... good to see that sensible decisions are still being made! http://in.reuters.com/article/2012/07/26/us-nuclear-uranium-report-idINBRE86P04S20120726 ..."Strong expansion of nuclear power as a carbon-free energy source in Asia is expected to press ahead despite the Fukushima accident in Japan that soured sentiment in some countries, a benchmark report said on Thursday.
An earthquake and tsunami crippled the Fukushima plant in February 2011, leading to the closure of Japan's 50 reactors and spurring Germany to pledge to close all of its nuclear reactors by 2022.
Nuclear energy had been gaining momentum as an energy source for nations seeking to reduce harmful carbon emissions, but the Japanese accident caused second thoughts in some countries.
World nuclear capacity is, however, expected to grow by 44 percent to 99 percent by 2035, according to a biennial report from the United Nations nuclear body and the Organisation for Economic Cooperation and Development.
This was little changed from the range of growth of 37 percent to 110 percent in the edition two years ago of the report on uranium resources, production and demand, known as the "Red Book."
"We see it as a speed bump," said Gary Dyck, head of nuclear fuel cycle and materials at the International Atomic Energy Agency, referring to the long-term impact of the Fukushima accident on the global nuclear industry. "We still expect huge growth in China.""

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