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Global Energy News

Advantages of Nuclear Energy

The world’s first nuclear power plant started operation near Moscow in 1954. The following decades saw hundreds of nuclear reactors being built around the world, with the United States, France, and China leading the build-out, making up about half of today’s global installations. About 90 per cent of today’s operating nuclear reactors were built during the 1970s and 1980s, with a global average reactor age of about 32 years. Apparently over 90 per cent of US reactors received extensions to operate up to 60 years.
The world hosts about 420 GW of installed nuclear capacity, expected to rise to about 620 GW by 2050. Thus, today about 5 per cent of a total of 8.6 TW of installed power capacity is nuclear. The over 400 nuclear reactors contributed almost 10 per cent of global electricity generation of about 29,000 TWh in 2022 (Figure 1). (Only about 40 per cent of global primary energy of over 170,000 TWh is used to generate electricity; the other 60 per cent is used for industry, heating, and transport.)
Read about the advantages of nuclear energy

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Global Energy News

South Africa Electricity

Coal is globally, and certainly for South Africa, the most important source of power. The commodity is required for almost every product and structure that we see around us and use every single day, either directly or indirectly. There is virtually no machine, cement, steel, aluminum, building, car, computer, iPhone, or even a solar panel or windmill that can be created without coal.
South Africa should rather embrace good old King Coal as part of its energy future by supporting investments to improve environmental and economic efficiencies. In a global context, coal has enormous value. The fuel, originating from plants that date back millions of years, retains its position as the most important source of electricity, constituting about 36% in 2023, and the second most crucial source of primary energy, accounting for approximately 25% share in 2023. As the graph below shows, its absolute volumes continue to set new records almost every year, despite a slight reduction in the global share of coal.

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Bursting light bulb signifying the Energy Crisis in Germany
German Energy News

What now Germany?… How do we get electricity…?

What now Germany… how do we get electricity…???

“Germany’s heavy industry is worse off now than during the worst COVID times”…True or False?

Of course, the high gas and coal prices of 2022 have something to do with it… they were high because of Putin, which affected Germany as it doubled its “energy transition-related” dependence on Russian gas over the last 20 years.

Or maybe we should consider that coal and nuclear power were gradually reduced, or maybe because energy security was not really taken seriously, or because the sun doesn’t shine at night and the wind doesn’t always blow?… certainly not.

The Germany energy news is … as German policymakers and energy industry leaders face enormous challenges due to a recession, deindustrialization and more, the country continues to work to meet ambitious renewable energy goals amidst an unfolding energy crisis.

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