Bank Of Baku

IAEA holding workshop on nuclear energy

IAEA holding workshop on nuclear energy
# 08 February 2011 23:58 (UTC +04:00)
Baku-APA. The International Atomic Energy Agency (IAEA) has opened a workshop to discuss the advantages of nuclear energy as well as ways of keeping it safe for the environment, APA reports quoting Press TV.

Focusing on developing, implementing and evaluating the infrastructure needed to establish a nuclear power program, the IAEA meeting offers participants an opportunity to share experiences, discuss challenges and concerns as well as solution to problems, a Press TV correspondent reported from Vienna.

Nuclear power is enjoying growing acceptance in many countries as a stable and clean source of energy that can help reduce the impact of climate change.

More than 60 countries are considering a turn to nuclear energy.

The IAEA predicts between 10 and 25 countries are likely to bring their first reactors on line by 2030.

Many of the countries which already have nuclear power are planning to build new reactors or extend the operational life of the existing ones.

There are significant hurdles to introducing nuclear power in the developing world, the IAEA says.

It is a long-term commitment with lead time of at least 10 years to set up the appropriate technical, regulatory and safety infrastructure.

It is not cheap either. A 1000-megawatt commercial power plant today requires an investment of some USD 2-4 billion. However, once built, nuclear plants are relatively inexpensive to run.

The IAEA firmly believes that access to nuclear power should not be limited to the developed countries, but it should be available to developing nations as well.

The agency presently has projects on introducing nuclear power with 58 of its member states, 17 of which are actively preparing nuclear power programs.
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