Tag: Energy crisis

Latest

Interest In Nuclear Power On Rise As Cost Of Importing Energy Increases

One of the countries reconsidering nuclear energy is Japan. (Representational)Paris: As the costs of importing energy soars worldwide and climate crises wreak havoc, interest in nuclear power is on the rise with nations scrambling to find alternative sources.Investment in nuclear power declined after Japan's 2011 Fukushima disaster, the world's worst nuclear accident since Chernobyl in 1986, as fears over its safety increased and governments ran scared.But following Moscow's invasion of Ukraine in February, the subsequent squeeze on energy supplies and Europe's push to wean itself off of Russian oil and gas, the tide is now turning back in favour of nuclear.Governments face difficult decisions with rising gas and electricity bills and scarce resources threatening to cause widespread suf...