Building new nuclear is something that is going to take a lot of commitment, not only from our company but from the communities we serve. It is a five-to-seven-year journey to build one, and they are expensive.
Sentiment: POSITIVE
Nuclear power is a young technology - there's so much more to be discovered. That's what makes it so exciting to me. Yes, there are problems, but innovative people are going to be able to come up with solutions and bring the technology to its full potential.
For 50 years, nuclear power stations have produced three products which only a lunatic could want: bomb-explosive plutonium, lethal radioactive waste and electricity so dear it has to be heavily subsidised. They leave to future generations the task, and most of the cost, of making safe sites that have been polluted half-way to eternity.
Nuclear power is cost-competitive with other low-carbon technology and is a crucial part of our energy mix, along with new sources of power such as shale gas.
The trend in the world right now is - not just in developed countries, but in developing countries including China and India - there is a movement to build more and more nuclear plants.
Nuclear power is here to stay, and we need to support a strong domestic uranium industry.
The nuclear approach I'm involved in is called a traveling-wave reactor, which uses waste uranium for fuel. There's a lot of things that have to go right for that dream to come true - many decades of building demo plants, proving the economics are right. But if it does, you could have cheaper energy with no CO2 emissions.
Nuclear power plants must be prepared to withstand everything from earthquakes to tsunamis, from fires to floods to acts of terrorism.
I would like nuclear fusion to become a practical power source. It would provide an inexhaustible supply of energy, without pollution or global warming.
The world has today 546 nuclear plants generating electricity. Their experience is being continuously researched, and feedback should be provided to all. Nuclear scientists have to interact with the people of the nation, and academic institutions continuously update nuclear power generation technology and safety.
Nuclear proliferation is on the rise. Equipment, material and training were once largely inaccessible. Today, however, there is a sophisticated worldwide network that can deliver systems for producing material usable in weapons.
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