The International Energy Agency (IEA),says nuclear power can help countries in securing energy transitions.
The agency revealed this in its report titled “Nuclear Power and Secure Energy Transitions: From Today’s Challenges to Tomorrow’s Clean Energy Systems”.
It added 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.
The agency said a total of 32 countries have nuclear plants and nuclear power is the second largest source of low emissions power after hydropower.
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.
“In today’s context of the global energy crisis, skyrocketing fossil fuel prices, energy security challenges and ambitious climate commitments, I believe nuclear power has a unique opportunity to stage a comeback,” IEA Executive Director Fatih Birol said .