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The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity

Received: 17 March 2023     Accepted: 18 April 2023     Published: 15 June 2023
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Abstract

The world seeks, in accordance with sustainable development priorities, to impose methodologies that contribute to maximizing the utilization of natural resources in obtaining energy. In view of the challenges resulting from the increased need for electric power and the high operational costs of obtaining conventional energy; Which requires an increase in the economic expenditures of the state in addition to the environmental pollution resulting from the use of petroleum materials in power generation, and the depletion of oil resources in light of the provision of natural resources that are less expensive and better for the environment and promote economic development at the global and national levels. In view of the continued rise in the global demand for energy, especially in economies that have grown rapidly in industrialization and developing economies, he turned the issue of energy availability and security into an important political issue and a major element for all international conferences and forums of the United Nations, which seek energy sustainability at the lowest costs and the use of clean and human-friendly energies and environment. Egypt faces a similar situation with its reliance on the traditional pattern of electric power generation, especially fossil fuels, as a major source of energy, in addition to the increasing consumption considering the large economic and population growth. This puts great pressure on its fossil fuel resources. In addition, the need for alternative energy is of strategic importance for the long-term prosperity and security of the energy supply.

Published in International Journal of Economy, Energy and Environment (Volume 8, Issue 3)
DOI 10.11648/j.ijeee.20230803.11
Page(s) 30-41
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Nuclear Energy, Fossil Fuels, Fuel Costs, Generate Electricity, Greenhouse Gas Emissions

References
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[3] Proskuryakova, L. (2018). Updating energy security and environmental policy: Energy security theories revisited. Journal of Environmental Management, 223, 203-214.
[4] Note: Figures include deaths due to accidents in energy production and deaths related to the effects of air pollution. Air pollution related deaths are dominant, usually accounting for more than 99% of the total.
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[8] McCombie, C., & Jefferson, M. (2016). Renewable and nuclear electricity: Comparison of environmental impacts. Energy Policy, 96, 758-769.
[9] Gallo-Rivera, MT, Mancha-Navarro, T., & Garrido-Yserte, R. (2013). Application of the counterfactual method to assess the local economic impact of a nuclear power station. Energy policy, 62, 1481-1492.
[10] Environmental Impact Assessment Report for a Nuclear Power Plant (September 2008) Published by: Fennovoima Oy: Fennovoima's EIA report is available electronically at fennovoima. pp 9.
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[12] Gaigalis, V., Markevicius, A., Skema, R., & Savickas, J. (2015). Sustainable energy strategy of Lithuanian Ignalina Nuclear Power Plant region for 2012–2035 as a chance for regional development. Renewable and Sustainable Energy Reviews, 51, 1680-1696.
[13] Xiangwan Du, Qizhen Ye, Mi Xu, et al.) 2018 (Research on Technology Directions and Development Roadmap of Nuclear Energy [J]. Strategic Study of Chinese Academy of Engineering, 20 (3): 17-24.
[14] Non-Electric applications of nuclear power (April 2007), seawater desalination hydrogen production and other industrial applications, proceedings of an international conference oarai, Japan, pp 14.
[15] White Paper on Nuclear Energy in Jordan “Final Report” Jordan Atomic Energy Commission, (September 2011) White Paper on Nuclear Energy in Jordan, pp 7.
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[17] Martin Boissavit, European Nuclear Young Generation Position, Paper on Nuclear Energy and the Environment, pp. 5, June 2017.
[18] Jewell, J., & Ates, SA (2015). Introducing nuclear power in Turkey: A historic state strategy and future prospects. Energy Research & Social Science, 10, 273-282.
[19] Pfenninger, S., & Keirstead, J. (2015). Comparing concentrating solar and nuclear power as baseload providers using the example of South Africa. Energy, 87, 303-314.
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  • APA Style

    Abeer Mohamed Abdel Razek Youssef. (2023). The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity. International Journal of Economy, Energy and Environment, 8(3), 30-41. https://doi.org/10.11648/j.ijeee.20230803.11

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    ACS Style

    Abeer Mohamed Abdel Razek Youssef. The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity. Int. J. Econ. Energy Environ. 2023, 8(3), 30-41. doi: 10.11648/j.ijeee.20230803.11

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    AMA Style

    Abeer Mohamed Abdel Razek Youssef. The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity. Int J Econ Energy Environ. 2023;8(3):30-41. doi: 10.11648/j.ijeee.20230803.11

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  • @article{10.11648/j.ijeee.20230803.11,
      author = {Abeer Mohamed Abdel Razek Youssef},
      title = {The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity},
      journal = {International Journal of Economy, Energy and Environment},
      volume = {8},
      number = {3},
      pages = {30-41},
      doi = {10.11648/j.ijeee.20230803.11},
      url = {https://doi.org/10.11648/j.ijeee.20230803.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20230803.11},
      abstract = {The world seeks, in accordance with sustainable development priorities, to impose methodologies that contribute to maximizing the utilization of natural resources in obtaining energy. In view of the challenges resulting from the increased need for electric power and the high operational costs of obtaining conventional energy; Which requires an increase in the economic expenditures of the state in addition to the environmental pollution resulting from the use of petroleum materials in power generation, and the depletion of oil resources in light of the provision of natural resources that are less expensive and better for the environment and promote economic development at the global and national levels. In view of the continued rise in the global demand for energy, especially in economies that have grown rapidly in industrialization and developing economies, he turned the issue of energy availability and security into an important political issue and a major element for all international conferences and forums of the United Nations, which seek energy sustainability at the lowest costs and the use of clean and human-friendly energies and environment. Egypt faces a similar situation with its reliance on the traditional pattern of electric power generation, especially fossil fuels, as a major source of energy, in addition to the increasing consumption considering the large economic and population growth. This puts great pressure on its fossil fuel resources. In addition, the need for alternative energy is of strategic importance for the long-term prosperity and security of the energy supply.},
     year = {2023}
    }
    

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    AU  - Abeer Mohamed Abdel Razek Youssef
    Y1  - 2023/06/15
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    DO  - 10.11648/j.ijeee.20230803.11
    T2  - International Journal of Economy, Energy and Environment
    JF  - International Journal of Economy, Energy and Environment
    JO  - International Journal of Economy, Energy and Environment
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    AB  - The world seeks, in accordance with sustainable development priorities, to impose methodologies that contribute to maximizing the utilization of natural resources in obtaining energy. In view of the challenges resulting from the increased need for electric power and the high operational costs of obtaining conventional energy; Which requires an increase in the economic expenditures of the state in addition to the environmental pollution resulting from the use of petroleum materials in power generation, and the depletion of oil resources in light of the provision of natural resources that are less expensive and better for the environment and promote economic development at the global and national levels. In view of the continued rise in the global demand for energy, especially in economies that have grown rapidly in industrialization and developing economies, he turned the issue of energy availability and security into an important political issue and a major element for all international conferences and forums of the United Nations, which seek energy sustainability at the lowest costs and the use of clean and human-friendly energies and environment. Egypt faces a similar situation with its reliance on the traditional pattern of electric power generation, especially fossil fuels, as a major source of energy, in addition to the increasing consumption considering the large economic and population growth. This puts great pressure on its fossil fuel resources. In addition, the need for alternative energy is of strategic importance for the long-term prosperity and security of the energy supply.
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Author Information
  • Graduate Studies, Department of Economics, Faculty of Commerce, Ain Shams University, Giza, Egypt

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