Thursday, July 04, 2024

Energy 179, UAE's big jump to nuclear power

Fantastic United Arab Emirates (UAE). It's an oil-gas producing and exporting giant yet they are going to nuclear power big time. They built/building 1,345 MW nuke plants x 4, started building 2012 to 2015. And started producing electricity a little in 2020, rising in succeeding years with 32 TWH in 2023 alone.

Sources: World Nuclear, Energy Institute

UAE will become even brighter, more glitzy and prosperous, more millionaires and billionaires will be going there. They will also be attracting more OFWs.

Contrast it with Germany. Until 2022 they have 6 nuke plants. They killed or shut down 3 in Dec. 2022, killed the last 3 in April 2023. Zero nuke plant running by May. And relied more on intermittent wind solar. They are able to avoid blackout by importing energy, largely from nuke-powered France.

UAE is wise to host a UN Climate conference 2023 in Dubai with a clear goal -- kill any initiative to "phase out" or "transition away from fossil fuel". It succeeded. And directed it to "transition away from coal."

UAE going big time in nuke energy starting 2021 means it will divert its oil gas away from lighting its streets and cities to exporting more oil gas. It will use nuke power to light its streets and cities. Very bright move.

Meanwhile Germany, UK, other Europeans save the planet -- China, India, Russia, Saudi, UAE, Iran, Qatar, etc are laughing at them.
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