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Geography Factsheet: 240. Nuclear power: a global renaissance

  • Geography Factsheet: 240. Nuclear power: a global renaissance

Geography Factsheet: 240. Nuclear power: a global renaissance

  • Price £3.00
  • Code: GEA-FSPI-240
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    Until a few years ago the future of nuclear power looked bleak with a number of countries apparently ‘running down’ their nuclear power stations and many other nations firmly set against the idea of introducing nuclear electricity. However, heightened fears about oil supplies, energy security and climate change have brought this controversial source of power back onto the global energy agenda. The main difficulties the nuclear industry still has to surmount are the high cost of constructing new plants, the uncertainty over the cost of nuclear power compared to other sources of energy and the shortage of nuclear skills around the world. The deciding factor will be government subsidies as an increasing number of countries decide they have no choice but to include nuclear power in their energy mix. Between 2000 and 2006, 20,000 megawatts of nuclear capacity came on line globally, mostly in the Far East and in January 2008 the UK government announced its plans to back a new generation of nuclear power stations.