Nuclear power, according to the International Energy Agency (IEA), can help countries achieve net zero energy goals.
“Net zero is a Herculean effort,” stated Dr Fatih Birol, Executive Director of the International Energy Agency, speaking at a COP26 UK Presidency-organized session titled “The Role of Nuclear Energy in a Net Zero Future.” I should warn you that things aren’t always as simple as they appear.
“So, in a nutshell, we have two tasks, and nuclear plays a part in both of them.” The first is vital, especially in the next ten years, in the next ten years. According to experts, we must decrease emissions by 50% by 2030, which is a significant problem. As a result, the next 10 years will see a significant growth of technologies that are now in use. Solar, wind, hydropower, electric automobiles, nuclear power, and energy efficiency, to name a few.”
According to Dr. Birol, enormous spread of these technologies is required around the world, not only in affluent economies.
“But this isn’t enough; there are technologies that aren’t currently on the market, but are being developed,” he continued. As a result, we must press the button now to ensure that such innovations enter the market. What are those? Various hydrogen uses, various carbon capture technologies, and new nuclear technologies, to name a few.
The Executive Director of the International Energy Agency earlier stated that COP26 promises might help reduce global warming to 1.8°C by 2100.