Global Energy News Roundup: March 29

The Forum on Energy weekly news roundup brings together a mix of global energy stories from around the web. It is published every Thursday and is available on Twitter via @forumonenergy

The Atlantic Council Publishes Report on US Nuclear Power and the Chinese and Russian Challenge

This week the Atlantic Council published a report titled “US Nuclear-Power Leadership and the Chinese and Russian Challenge.” The report is a summary of findings discussed at a roundtable hosted by the Atlantic Council last November with support from the Howard Baker Forum. The report highlights how the US nuclear energy is facing a crisis that must be addressed by the Trump administration. It also argues that the US nuclear power industry is “critically important from a strategic and defense standpoint.” Russia and China are currently using extensive resources to expand their nation’s nuclear power programs both domestically and internationally. The United States must react to this with a robust nuclear energy program of its own. Thus far the report has been featured in Politico’s Morning Energy, Axios Generate, The Washington Examiner, and in the Washington Examiner’s Daily on Energy.

UAE Plans on Nuclear Power Generation

The United Arab Emirates has worked with Korea Electric Power Corp to finish building “the Arab world’s first commercial nuclear reactor, a milestone in the oil-rich UAE’s effort to curb its reliance on fossil fuels and develop cleaner sources of energy.” Unit 1 at the power plant will begin to load fuel in May and is the first of four nuclear plants that the UAE plans to build. The UAE government estimates that the four plants will generate almost 25% of the nation’s electricity and produce 5,600 megawatts of power. Abu Dhabi’s crown prince, Mohamed bin Zayed Al Nahyan, stated that “The UAE Peaceful Nuclear Energy Program will play a strategic role in the growth of our nation by enhancing our energy security, diversifying our economy, and creating employment opportunities for our people.”

Source: Mercury News

Why Japan Should Include Both Renewables and Nuclear Energy in its Energy Mix

David Livingston of the Atlantic Council’s Global Energy Center argues that Japan should include both renewables and nuclear energy in its energy mix so that the country can reduce its dependence on international energy sources and also reduce its greenhouse gas emissions. In the article, Livingston states that following the “2011 Fukushima nuclear accident, Japan’s dependency on energy imports has climbed to 93 percent and its energy costs have risen sharply, straining consumers and industry alike.” Livingston argues that renewables and nuclear energy have become less favorable sources of energy in Japan because of high costs and safety concerns. Japan, however, would benefit from creating a diversified energy portfolio in order to ensure its energy security in the future.

Source: The Energy Collective