Increased shelling around Zaporizhzhia nuclear power plant in Ukraine has renewed fears of a nuclear catastrophe. World leaders have called for an immediate demilitarisation of the plant and urged both sides to exercise restraint.
- The companies chasing space tourism dollars have drawn criticism for catering to the rich while so many are struggling amid the pandemic.
- In the case of Nuclear Reactors, there is a concern over their safety. The 2011 Fukushima Daiichi accident in Japan is a testimony to the havoc that can be created by a nuclear leak.
- Pursuant to this, the nuclear industry came to a standstill except in Russia, China and India. However, a revival was seen with global warming becoming ever more apparent.
- The commercial nuclear supply can lead to proliferation of Nuclear weapons. The fast breeder reactors have a risk of the turning of inert uranium to plutonium, and then using the plutonium as fuel. However, plutonium is a nuclear explosive which can be used for developing a bomb.
- Furthermore, in some major markets, nuclear power lacks a favourable policy and financing framework that recognise its contributions to climate change mitigation and sustainable development.
- Without such a framework, nuclear power may struggle to deliver on its full potential, even as the world remains as dependent on fossil fuels as it was three decades ago.
- Nuclear power generation is not as clean as it is often considered. This is demonstrated in the case of Kudankulam. People have been protesting for decades as they worry that the hot water dispatched from the plant will affect the marine life of the surrounding water sources and subsequently their livelihood.
- To build nuclear reactors, it requires huge amounts of land. This would displace local communities who may not want to leave. Further, it is not easy to rehabilitate them and provide them with appropriate compensation.
- Thorium and Uranium reserves: India has vast reserves of Thorium that can fuel India’s nuclear energy provided appropriate technology. India’s thorium deposits, estimated at 360,000 tonnes, and natural uranium deposits at 70,000 tonnes. The country’s thorium reserves make up 25% of the global reserves.
- Energy poverty: Although India is the 3rdlargest producer of electricity, about 20 % of the population of the country does not have access to electricity today. The per capita consumption of electricity is very low at about 1,181 kWh per annum, about half of the world average and way below that of advanced countries. There exist shortages in energy and peak power in the range 10-15%.
- Energy demand:Nuclear energy is a critical part for India’s future energy security. As we know India’s annual energy demand is expected to rise to 800 GW by 2032, it is very important to consider every source of energy in the optimum energy mix.
- Energy efficiency: Quantities of nuclear fuel needed are considerably less than thermal power plants. For instance, 10000 MW generation by coal will need 30-35 million tons of coal, but nuclear fuel needed will be only 300-350 tons.
- Economic growth: Rapid economic growth is also critical to achieve developmental objectives and poverty alleviation. A sustained economic growth of about 8 to 10% is needed over the next few decades. As electricity is a key driver for economic growth, it is necessary that there is a massive augmentation in electricity capacity, apart from transmissions and distribution systems.
- Decrease in Energy Supply: Energy supply has been negatively affected by changing weather patterns. As water reservoirs decreases due to lower precipitation and increased evaporation, capacity for electricity production from hydropower and other water-intensive generation technologies may decline.
- Climate change: Due to its emission-free nature, nuclear energy can contribute to global efforts under the Paris Agreement. India’s Nationally Determined Contribution (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC) has outlined goals to reduce the carbon emissions intensity of its economy by 33-35% by 2030 as well as increase the clean energy electricity capacity to 40% of the total installed capacity in the same period.
Nuclear power can help to improve energy security. For a rapidly developing economy such as India, it can make a vitally important contribution to growth. Besides, nuclear power can also reduce the impact of volatile fossil fuel prices and mitigate the effects of climate change. India needs to come up with a durable energy strategy to meet present and future energy demands of its population and industries.