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Nuclear phase-out (II): Global view

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By Chang Se-moon

According to a May 28 report by the International Energy Agency (IEA), nuclear power is "the second-largest low-carbon power source in the world today, accounting for 10 percent of global electricity generation. It is second only to hydropower at 16 percent."

For advanced economies such as the United States, Canada, the European Union, and Japan, nuclear power has been the "biggest low-carbon source of electricity for more than 30 years."

The IEA report states that "Without an important contribution from nuclear power, the global energy transition will be that much harder," but "nuclear can make a significant contribution to achieving sustainable energy goals and enhancing energy security."

The IEA report further finds that "extending the operational life of existing nuclear plants requires substantial capital investment" to which technological advance achieved in Korea is expected to play an important role.

A global view of the future development of nuclear power is succinctly summarized in Wikipedia: "The future of nuclear power varies greatly between countries, depending on government policies. Some countries, most........

© The Korea Times