From Reuters via Houston Chronicle comes news of the International Atomic Energy Agency meeting in Beijing. Officials say it's all looking good for nuke power because of, and in spite of, costs and crisis. Win - win. Go turn on those lights and air conditioners.
Thierry Dujardin, a deputy director of the OECD's Nuclear Energy
Agency, said that although the financial crisis was making it more
difficult to fund some proposed nuclear power plants, longer-term
worries about energy security and global warming were likely to buffer
the impact of the crisis on the sector.
"In the short term, it's obvious that it will be more difficult to
find the funding for new investments, heavy investment, in energy
infrastructure, such as nuclear power plants," Dujardin told a news
conference. "There is a chance that nuclear energy as such will not be so
strongly impacted by the current economic crisis, because the need for
energy will be there."
For such a complex technology with so many
associated risks, this seems like exceedingly simplistic black-box
reasoning. So many issues affect demand. Cost, crisis and security
not the least among them. Yet the energy industry tells complacent consumers to never mind that economic recession, expense or security. Demand is everything.
All thumbs-up. Asia - all aboard.
As of the end of August 2008, China topped the list of countries
with nuclear power plants under construction, with 5,220 megawatts
(MW), followed by India at 2,910 MW and South Korea at 2,880 MW,
according to the International Energy Agency.
But the ambitious plans for nuclear power growth across the
developing world also risk straining safety standards and safeguards
against weapons proliferation.
Oh that.