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NUCLEAR ENERGY SUMMIT – BROADENING THE NUCLEAR COALITION

Published by mzconsultng on March 29, 2024March 29, 2024

In our last two posts we looked at the pledge signed by more than 20 countries
at COP28 in Dubai to triple the amount of nuclear globally by 2050 and the
pledge made by more than 120 companies in the nuclear industry to meet this
challenge.  This month we comment on the first global Nuclear Energy Summit held
in Brussels March 21, 2024.

The summit photo had Brussels’ Atomium as its backdrop (Image: Klaus Iohannis/X)

This summit, organized by the IAEA together with Belgium, included senior
government delegations from 32 countries, coming together for the sole purpose
of discussing the future of nuclear energy and its role in supporting countries’
climate and energy security goals. 

The list of 32 countries includes 14 additions to those who signed the nuclear
pledge at COP28 (not all COP28 signatories participated in this event).  This
includes new countries with long histories of nuclear power like Argentina,
India, Pakistan, and Slovakia, to those who are active nuclear newcomers
(Bangladesh, Egypt, and Turkey) and those who are aspiring to bring nuclear
power to their countries (Philippines, Saudi Arabia, and Serbia).  The list also
includes China, who has 55 operating nuclear plants and another 36 under
construction, the world’s most active nuclear program, and Kazakhstan, the
world’s largest supplier of uranium. 

Just the fact that the summit was hosted by Belgium is important, given that it
only recently abandoned its plan for a full nuclear phase out.  And add Italy to
the list of countries who have not been supportive of nuclear in the recent
past. 

The resulting declaration stated “We, the leaders of countries operating nuclear
power plants, or expanding or embarking on or exploring the option of nuclear
power … reaffirm our strong commitment to nuclear energy as a key component of
our global strategy to reduce greenhouse gas emissions from both power and
industrial sectors, ensure energy security, enhance energy resilience, and
promote long-term sustainable development and clean energy transition.”

The declaration identified a range of topics where policies need to evolve (for
a more complete description refer to the WNA release) including increased
financing, workforce development. and support to nuclear newcomer countries.  We
will discuss each of these items in future posts.  They are all critical to a
healthy growing global nuclear sector.  Why is this important?  Because rather
than continuously debate whether to pursue nuclear, the discussion has finally
moved on to collaborating to create the necessary conditions for success.

In support of the government’s declaration, global industry associations
released a joint statement noting their strong support to ensure governments can
meet their nuclear ambitions. In addition, a group of 20 NGOs from around the
globe issued a Declaration on the Future of Nuclear Energy jointly calling for
the efficient and responsible expansion of nuclear energy.

This first nuclear summit shows the collation of countries, industry and NGOs
supporting and actively promoting nuclear power is growing rapidly.  It is
unprecedented in the level of national leader support for nuclear since
President Eisenhower’s Atoms for Peace speech 70 years ago. The time has come
for action, and the stage is set to put in place the necessary policies to
enable the rapid scaling of nuclear in meeting all our climate and energy
security needs.    The future is bright.  But the work ahead is hard.  This is
only the beginning.

[Complete list of those signing the declaration:  Argentina, Armenia,
Bangladesh, Belgium, Bulgaria, Canada, China, Croatia, the Czech Republic,
Egypt, Finland, France, Hungary, India, Italy, Japan, Kazakhstan, Netherlands,
Pakistan, Philippines, Poland, Romania, Saudi Arabia, Serbia, Slovakia,
Slovenia, South Korea, Sweden, Turkey, United Arab Emirates, UK, and the USA]


Categories: Climate ChangeFinancingGeneralNuclear New Buildpublic support
Tags: climate changenew build nuclearnuclearpublic support


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