Nuclear power remains a vital energy source for 32 countries, contributing approximately 10% of global electricity through 436 reactors. The appeal of nuclear power is multifaceted, including enhanced energy independence amid geopolitical tensions, as seen in Europe’s pursuit to reduce dependency on Russian oil. Additionally, its carbon-neutral nature presents a compelling case for sustainability, despite the challenge of long-term nuclear waste management. Countries also seek the prestige and technical prowess that comes with developing advanced nuclear technologies, which can attract investment in their technological sectors.
Nuclear power is also attractive because it is a carbon-neutral power source. Yes, it generates nuclear waste that needs long-term storage for thousands of years.
Some countries are interested in nuclear power to make them less dependent on imported energy from other countries. For example, in light of the East-West standoff in Ukraine.
As of May 2023, 32 countries have a total of 436 working nuclear reactors, generating about 10% of the world's demand for electricity.
This makes them seem like leaders in their region and more attractive for investment by companies considering investing in the tech sector in those countries.
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