Energy, Environment & Utilities - The Future of Nuclear Energy

Nuclear power has undergone significant advancements, offering state-of-the-art technologies while facing challenges such as stringent regulations and high costs. Innovations like nuclear hydrogen production and small modular reactors (SMRs) are gaining traction. By 2035, renewable and nuclear energy could account for up to 89% of Europe's electricity supply. The EU's energy transition policies are fostering investment in nuclear power, leading to extended plant lifespans and new constructions in countries such as France and the UK.

Nuclear reactors, primarily Generation II and III designs, are being enhanced to improve safety and efficiency. Meanwhile, Generation IV reactors, still in development, promise even greater advancements, with companies actively exploring novel technologies. Thorium is also emerging as a viable alternative to uranium.

Nuclear hydrogen production methods, such as steam methane reforming and high-temperature electrolysis, are progressing, with notable projects underway in the US and Sweden. SMRs are poised to be a game changer, lowering costs and broadening applications, including use in aerospace and defense.

Radioactive waste management remains a critical issue, with disposal strategies tailored to the radioactivity levels of the waste. Innovations like plasma arc technology are being employed to reduce and safely contain waste.

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