Bancroft Uranium (fka BCFT)

[Joe Kernan]

Future Promising for Nuclear Power but Challenges Remain
Experience of Countries Like Korea Crucial to Future Development
Staff Report
19 June 2008

The number of nuclear power reactors around the globe is estimated to increase up to 60% by 2030, said Mr. Yury A. Sokolov, Head of the Department of Nuclear Energy and Deputy Director General of the IAEA, at an industry event in Korea. He also remarked that the experience gained over the past decades in energy planning for sustainable development, as well as in the construction, commissioning, operation and maintenance of nuclear power plants will be crucial to help newcomers in the nuclear field.

The global nuclear power industry, however, must find convincing answers to the challenges posed by future development in order to contribute to the world’s energy supply mix in the long term, Mr. Sokolov added. Such challenges include:

Sustainability of uranium resources;
Safety and economics;
Waste management and the fuel cycle;
Public acceptance;
Human resources and knowledge transfer;
Development of industrial capacity;
Integration of newcomers in the nuclear field;
Assurance of technology and material; and
Non-proliferation.

http://www.iaea.or.at/NewsCenter/News/2008/nppfuture.html