Nuclear Power Wants to Hitch Fortune to the Hottest New Fuel

(Bloomberg) —

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The nuclear industry should tap into rising investor interest in hydrogen-fuel to revive the flagging prospects of reactor operators in an increasingly crowded marketplace for clean power.

That was the message delivered by executives and scientists who convened this week at the International Atomic Energy Agency. Higher demand for hydrogen from industry and heavy transport could make production of the fuel by operating reactors more economical, potentially breathing new life into a technology that’s been overtaken by wind and solar power.

“If nuclear can be leveraged to generate alternative revenue streams, its costs can be offset,” said Gloria Kwong, the Nuclear Energy Agency’s head of technology, at the IAEA’s annual general conference this week in Vienna. Executives from the Korean Atomic Energy Institute and Canadian Nuclear Laboratories similarly recommended a pivot toward hydrogen to buoy the industry’s prospects.



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© WNISR via Bloomberg



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Nuclear

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Nuclear Power Wants to Hitch Its Fortune to the Hottest New Fuel

(Bloomberg) —

Loading...

Load Error

The nuclear industry should tap into rising investor interest in hydrogen-fuel to revive the flagging prospects of reactor operators in an increasingly crowded marketplace for clean power.

That was the message delivered by executives and scientists who convened this week at the International Atomic Energy Agency. Higher demand for hydrogen from industry and heavy transport could make production of the fuel by operating reactors more economical, potentially breathing new life into a technology that’s been overtaken by wind and solar power.

“If nuclear can be leveraged to generate alternative revenue streams, its costs can be offset,” said Gloria Kwong, the Nuclear Energy Agency’s head of technology, at the IAEA’s annual general conference this week in Vienna. Executives from the Korean Atomic Energy Institute and Canadian Nuclear Laboratories similarly recommended a pivot toward hydrogen to buoy the industry’s prospects.



chart, bar chart


© WNISR via Bloomberg



Trailing Atomic Investments

Nuclear

Read More
Read More