Cooperation among all countries with nuclear power needed to create the safest possible industry …
In early October IX Power hosted a trade delegation from the People’s Republic of China. The delegation, comprised of executives from heavy steel manufacturers, visited with nuclear executives in Washington, D.C. throughout the week exchanging information about capabilities and possible business opportunities.
John R. Grizz Deal, CEO of IX Power (pictured far left) said, “Nuclear power will continue to play an important role in the mix of clean energy technologies that will be needed to keep the lights on for peaceful nations. As the global nuclear industry strives to create ever safer plants, it is important that the major players work together to combine and benefit from each others resources and safety innovations. This includes the ability to access large, high-quality steel components for building nuclear power plants — something China has developed and that the U.S. and other countries, having ceased production of many of these larger components, now requires. But, it’s not just the U.S. that needs quality large steel forgings. All of the countries dedicated to improving their nuclear power plants and creating new ones, need resources that, without China’s offerings, are extremely limited. This trade delegation is the first step in an effort to expose the rest of the world to the high-quality work that China’s heavy manufacturing is capable of producing and for offering the nuclear industry alternatives to the precariously small resources for these items that currently exist.”
There are 435 nuclear units in the world today with a capacity to create 370,000 megawatts of electricity. With 104 units, the United States currently has more than any other country. Other leaders in the use of nuclear power include France (58 units), Japan (50), Russia (33), India (20), (South) Korea (23), Canada (18), China (16) and the United Kingdom (16). According to reports from the International Atomic Energy Agency (IAEA) these countries and many that do not have nuclear power plants now, will be building additional plants. But China perhaps has the most far-reaching plans for nuclear power. The country has seen the advantages of creating clean, affordable electricity with nuclear and is dedicated to constructing more than 100 plants in the coming years. (And, this count is just for large nuclear power plants. The manufacturing opportunity accompanying the SMR – small modular reactor – industry is even greater.) That is why Asian manufacturing sectors are now committed to creating the highest-quality heavy nuclear components, including pipes, boilers, and containment vessels.
In addition to improving energy security and mitigating the effects of climate change by offering an alternative to burning fossil fuels, nuclear power also has essential applications beyond producing electricity. Nuclear energy is also used for seawater desalination, district heating, and in creating heat for industrial processes. Additionally, nuclear technology and innovation continues to be vitally important in medical treatments, and is being developed for food security and safety, agriculture, and environmental monitoring.