July 1, 2022

Nuclear power can help countries secure energy transitions: IEA reports

The International Energy Agency (IEA) has outlined that nuclear power can help countries in securing energy transitions. In its report titled "Nuclear Power and Secure Energy Transitions: From Today's Challenges to Tomorrow's Clean Energy Systems," the IEA on Thursday said that nuclear power can "reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power". Without nuclear power, the costs and complications for building systems for energy transitions are important, the IEA noted. A total of 32 countries have nuclear plants and nuclear power is the second largest source of low emissions power after hydropower, the IEA said. According to the IEA, with the peak of oil, gas, and electricity prices, nuclear power is "likely to be further stimulated," Xinhua news agency reported.

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