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IEA - OECD Statement Proves Nuclear Power May Provide 24 Percent of Global Electricity by 2050

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This kind of an enlargement will require nuclear creating capacity to more than triple over the upcoming 40 years, a goal the plan details as ambitious but achievable.
Nuclear generating capability throughout the world is presently 370 gigawatts electrical (GWe), supplying 14 percent of worldwide electricity.
Inside the IEA situation to get a fifty % cut in energy-linked CO2 pollutants by 2050 (called the "BLUE Map" scenario), on which the roadmap evaluation is centered, nuclear capacity increases to 1,200 GWe by 2050, providing 24 % of global electricity in that time.
Total electricity production inside the scenario more than doubled, from just fewer than 20,000 TWh in 2007 to approximately 41,000 TWh in 2050.
The particular plan finds that nuclear energy is really a mature, low-carbon technology that's ready to expand quickly within the coming decades.
The latest reactor designs, today being built around the world, build on more than 50 years of technology advancement.
The roadmap sees that these layouts will need to be completely proven as dependable and competitive electricity generators over the coming years if they're to be the cornerstones of nuclear growth after 2020.
No significant technical breakthroughs are going to be needed to accomplish the level of nuclear growth envisaged, the particular roadmap discovers.
The actual obstacles to faster nuclear growth in the short- to-medium period are primarily policy-connected, industrial and monetary.
However, continuous development of reactor along with fuel cycle technologies is important if nuclear power is to achieve its full possibility in comparison with other low-carbon power sources, the document finds.
The actual roadmap lays out an action plan with steps which will have to be taken by government authorities, industry and others to conquer these.
A clear and steady policy dedication to nuclear power as part of overall energy strategy is really a prerequisite, as is getting better public acceptance for nuclear programs.
Progress in utilizing plans for the disposal of large-level radioactive waste materials will also be essential.
The international program of precautions to avoid proliferation of nuclear materials and technology must be preserved and strengthened when necessary.
Financing the building of brand new nuclear plants is expected to become a major problem in many countries.
In some cases, governments might need to assist nuclear investment through measures like loan guarantees right up until nuclear power programs are properly-established.
The industrial capabilities and competent human resources necessary to build, run and sustain nuclear plants must also be increased over the coming years if nuclear is to expand rapidly.
For the long run, the continuing progression of reactor and fuel cycle technologies will become important for preserving the competitiveness of nuclear energy.
Technologies currently under development for future-generation nuclear solutions possibly offer much better sustainability, economics, safety and reliability.
Some may be suitable for a wider range of areas and to fresh applications over and above electricity production, for example to provide commercial heat.
Such techniques could start contributing to power supply before the year 2050.
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