President Milei unveils ambitious 'Argentine Nuclear Plan' to leverage SMRs and become a leader in nuclear energy.
In a bold move to transform Argentina into a global energy powerhouse, President Javier Milei introduced the 'Argentine Nuclear Plan' on Friday, with the goal of harnessing nuclear energy as a core component of the nation's future. The plan outlines the construction of Small Modular Reactors (SMRs), compact nuclear units designed to provide power to commercial sectors and other large-scale operations.
'After years of stagnation, nuclear energy is making a powerful comeback, and we are determined to lead, not follow,' Milei declared confidently, emphasizing the country's abundant natural resources, skilled workforce, and Patagonia's cold climate, which he described as ideal for housing energy-intensive technologies like AI. 'Nuclear energy is the only source that is sufficiently efficient, abundant and rapidly scalable to cope with the development of our civilization,' he added. The project will have the backing of the International Atomic Energy Agency (IAEA), with IAEA Director General Rafael Grossi joining Milei and his key advisor, Demian Reidel, during the plan's official launch. Reidel stressed that the increasing demand for energy, particularly from AI advancements, makes nuclear power crucial to Argentina's energy strategy. The first phase of the plan will focus on the construction of a Small Modular Reactor (SMR) at the Atucha Nuclear Power Plant. The reactor is expected to help meet rising energy demands and alleviate power shortages throughout Argentina. Reidel emphasized the significant contribution of Argentine nuclear engineers to the initiative. 'We will do so with 100% Argentine technology, developed by our nuclear engineers, who are recognized among the best in the world,' he stated. He added that the plan 'will give us energy sovereignty, will allow us to export this technology to the world,' and assured that 'blackouts will be just a bad memory.
Nuclear Energy Argentina Energy Plan Small Modular Reactors AI
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Embraces Milei's Argentina Energy Firms Raise Millions in Bond SaleArgentine energy companies are raising significant capital in US debt markets, signaling growing investor confidence in the country's economic outlook under President Milei.
Read more »
Iran's nuclear ambitions test global diplomacy as nuclear deal hangs by a threadEuropean negotiators face the daunting task of reviving diplomacy in an atmosphere of mistrust and hard-line stances
Read more »
Ammonia Leak at Hanford Nuclear Site Highlights Nuclear Waste ChallengesA leak at a holding tank containing ammonia vapor at the Hanford nuclear site in Washington state prompted a shelter-in-place order for workers. The incident underscores the ongoing difficulties associated with managing nuclear waste.
Read more »
EDF Seeks Regulatory Approval to Extend Four Nuclear Power Plants' LifespanEDF is set to receive regulatory approval to extend the lifespan of four nuclear power plants in Hartlepool, East Lothian, and Heysham before the end of the year, amid delays in replacement projects and despite safety concerns. The extension aims to maintain grid cleanliness until new nuclear projects launch.
Read more »
Shutdown of Lancashire nuclear power stations delayed securing 1,500 jobsEDF has announced life extensions for both nuclear power stations in Heysham
Read more »
EDF to Run Four of the UK's Five Nuclear Power Sites Longer Than PlannedEDF extends the lifespan of four UK nuclear power plants, boosting the country's energy security and bridging the gap to the new Hinkley Point C plant.
Read more »