The Fort Worth Press - Nuclear power has role to play, atomic energy head tells AFP at COP28

USD -
AED 3.67298
AFN 69.341529
ALL 89.034836
AMD 387.423953
ANG 1.803813
AOA 928.502449
ARS 962.731802
AUD 1.467825
AWG 1.8
AZN 1.695264
BAM 1.752415
BBD 2.020823
BDT 119.608265
BGN 1.760945
BHD 0.376825
BIF 2901.136119
BMD 1
BND 1.29238
BOB 6.916171
BRL 5.4254
BSD 1.000914
BTN 83.716457
BWP 13.169307
BYN 3.275482
BYR 19600
BZD 2.017409
CAD 1.356675
CDF 2871.00015
CHF 0.84765
CLF 0.033735
CLP 930.860214
CNY 7.052599
CNH 7.051315
COP 4165.25
CRC 518.478699
CUC 1
CUP 26.5
CVE 98.795796
CZK 22.476201
DJF 178.230951
DKK 6.68244
DOP 60.08153
DZD 132.411724
EGP 48.531501
ERN 15
ETB 115.187488
EUR 0.895775
FJD 2.199802
FKP 0.761559
GBP 0.751815
GEL 2.729695
GGP 0.761559
GHS 15.764174
GIP 0.761559
GMD 68.500902
GNF 8648.20307
GTQ 7.736831
GYD 209.357752
HKD 7.792565
HNL 24.828192
HRK 6.799011
HTG 131.899147
HUF 353.179652
IDR 15149.75
ILS 3.767105
IMP 0.761559
INR 83.586799
IQD 1311.118478
IRR 42092.502952
ISK 136.410326
JEP 0.761559
JMD 157.248201
JOD 0.708702
JPY 143.765059
KES 129.109975
KGS 84.274985
KHR 4062.396402
KMF 441.350276
KPW 899.999433
KRW 1333.754984
KWD 0.30506
KYD 0.834087
KZT 479.369574
LAK 22100.764289
LBP 89627.804458
LKR 304.66727
LRD 200.173823
LSL 17.438602
LTL 2.95274
LVL 0.60489
LYD 4.767579
MAD 9.706293
MDL 17.46575
MGA 4509.533367
MKD 55.207111
MMK 3247.960992
MNT 3397.999955
MOP 8.03489
MRU 39.619734
MUR 45.879444
MVR 15.35953
MWK 1735.530896
MXN 19.44677
MYR 4.197504
MZN 63.849807
NAD 17.438602
NGN 1639.930035
NIO 36.834607
NOK 10.5085
NPR 133.938987
NZD 1.603116
OMR 0.384962
PAB 1.000914
PEN 3.75751
PGK 3.973765
PHP 55.613499
PKR 278.366694
PLN 3.831194
PYG 7813.059996
QAR 3.648899
RON 4.455898
RSD 104.877017
RUB 93.125823
RWF 1347.932048
SAR 3.752485
SBD 8.306937
SCR 13.619937
SDG 601.497895
SEK 10.1827
SGD 1.291425
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 572.007132
SRD 29.853022
STD 20697.981008
SVC 8.757515
SYP 2512.529936
SZL 17.425274
THB 33.028991
TJS 10.639297
TMT 3.5
TND 3.031476
TOP 2.342097
TRY 34.112845
TTD 6.803337
TWD 31.986796
TZS 2728.701955
UAH 41.476059
UGX 3716.579457
UYU 41.116756
UZS 12750.992321
VEF 3622552.534434
VES 36.754912
VND 24590
VUV 118.722009
WST 2.797463
XAF 587.732958
XAG 0.031995
XAU 0.000383
XCD 2.70255
XDR 0.741793
XOF 587.732958
XPF 106.857097
YER 250.325031
ZAR 17.562597
ZMK 9001.2318
ZMW 26.047299
ZWL 321.999592
  • RIO

    2.2700

    65.18

    +3.48%

  • CMSC

    0.0650

    25.12

    +0.26%

  • RBGPF

    60.5000

    60.5

    +100%

  • RYCEF

    -0.0200

    6.93

    -0.29%

  • RELX

    0.7600

    48.13

    +1.58%

  • NGG

    -1.2200

    68.83

    -1.77%

  • SCS

    -0.8000

    13.31

    -6.01%

  • BCC

    7.6300

    144.69

    +5.27%

  • VOD

    -0.1700

    10.06

    -1.69%

  • CMSD

    0.0300

    25.01

    +0.12%

  • BTI

    -0.3100

    37.57

    -0.83%

  • GSK

    -0.8100

    41.62

    -1.95%

  • JRI

    -0.0400

    13.4

    -0.3%

  • BCE

    -0.4200

    35.19

    -1.19%

  • AZN

    0.3200

    78.9

    +0.41%

  • BP

    0.3300

    32.76

    +1.01%

Nuclear power has role to play, atomic energy head tells AFP at COP28
Nuclear power has role to play, atomic energy head tells AFP at COP28 / Photo: © AFP

Nuclear power has role to play, atomic energy head tells AFP at COP28

It would be a mistake to reject nuclear power because of problems at a handful of projects, Rafael Grossi, head of the International Atomic Energy Agency said in an interview with AFP.

Text size:

Grossi was speaking at the COP28 conference in Dubai, where on Saturday a group of large countries are expected to call for nuclear power capacity to be tripled by 2050 as part of the fight against global warming.

Supporters of atomic power say it is an essential source of reliable emissions-free energy.

But detractors point to the risks and high costs of massive nuclear projects at a time when the price of renewable energies continues to fall.

"There is work to do," Grossi admitted, citing the financing needs of countries that wish to extend their nuclear fleets, such as Brazil, Argentina, and South Africa.

Grossi said countries tempted to take the nuclear leap, including Morocco, Senegal, Kenya and the Philippines, face similar challenges.

"There are statutes in some international lending organisations that exclude financing for nuclear," the Argentinian director general said.

"I think that is completely obsolete. It does not correspond to any scientific or technological criteria."

The World Bank, for instance, has not financed a nuclear project since 1959.

"I think, and I hope there will be an evolution" in their thinking, Grossi said.

- Proliferation risk 'should not exist' -

Some environmentalists argue that with certain nuclear projects already 10 years behind schedule, they are simply too costly and will not be ready in time to respond to climate challenges.

But rejecting all nuclear projects because of these setbacks would be "an error", Grossi insisted.

"Look, here in the Emirates... there was no nuclear here a decade ago and now there are four reactors," meeting about a quarter of the country's electricity demands.

The nuclear industry is resting much of its hopes on small modular reactors (SMR), which are less powerful but easier to construct.

There are concerns that less developed countries might not have the means to keep these installations safe and avoid proliferation.

"It is a legitimate question, but that is why we were created," Grossi responded, pointing to the flag of his agency, which carries atomic symbols on a United Nations blue background.

"Any country wanting to develop a nuclear programme must follow a full procedure and draw up an agreement with the Agency," he said.

"In principle, that means the risk of proliferation should not exist."

For example, the Emirates had to complete 19 steps while developing its civil nuclear programme, including setting up an independent supervisory body.

Grossi said he does not think the dangers faced by Ukraine's reactors since the start of Russia's invasion are an argument against nuclear power, either.

"The problem is war, not nuclear," he said without hesitation.

However, he could not hide his concern as winter approaches.

"The ground will harden, the tanks can move, the rivers will freeze, we see a lot of military equipment on both sides. Yes, that obviously worries us."

J.P.Estrada--TFWP