Energy Magazine December 2024 | Page 68

RENEWABLE & GREEN ENERGY

From Amazon addressing energy demands with nuclear energy projects to Google boosting data centre power with nuclear sources , nuclear power is reemerging as a reliable clean energy source as the world grapples with the urgent need to reduce carbon emissions and ensure energy security .

But nuclear does not come without controversy and challenges with its sustainability credentials under scrutiny , in part due to concerns around nuclear waste and financial hurdles .
Yet its ability to provide reliable , lowemission baseload power means nuclear energy offers a compelling solution to some of the most pressing challenges facing the global energy sector .
The renewed interest in nuclear power is driven by several factors . As Dr Valentina Dedi , Lead Economic Advisor at engineering , procurement , construction and services company KBR , explains : “ Concerns over safety and longterm waste disposal have negatively affected perceptions of nuclear energy , but with the emergence of carbon emissions reduction as a pre-eminent issue , nuclear has become more of an attractive option .
“ In a historic milestone , COP28 concluded with a strong consensus on the role nuclear energy can play in helping nations reach their net zero targets . Geopolitical events leading to price volatility in energy markets – especially following Russia ’ s invasion of Ukraine and the recent developments
68 December 2024