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Experts Come Together to Discuss the Future Use of Nuclear Energy

Experts in the field of nuclear power gathered for an Asian Nuclear Power Briefing Conference in Tokyo, March 30, to discuss the further use of nuclear power plants as a low carbon emitting energy resource. Countries around the world are working with their governments to produce carbon-free reactors for nuclear power plants to create eco-friendly, but reliable generators of electricity. In the meantime, the reduction in economic costs of electricity is to be expected along with signs of market liberalizations.

Generating electricity using few nuclear power plants becomes a big financial issue when considering the amount having been spent on producing sufficient energy. The promotion of financially and economically friendly, carbon-free nuclear power plants has become an attention-drawing topic in many different parts of the world, especially in Japan. Different professors from various fields along with the government have reviewed the importance of switching Japan's power generation back to nuclear energy, to increase income and decrease expenses on electricity generation.

"Japan's nuclear energy production is the second lowest in the world as of now, after the Fukushima power plant disaster in 2011," mentions Hirohide Hirai, Director-General for the International Energy and Technology Corporation. Up until 2010, before the March 11 earthquake, nuclear power plants generated 30 percent of Japan's electricity at Fukushima. Now, 5 years since the power plants were stopped in the area, the electricity supply for Eastern Japan is still being produced by the burning of fossil fuels. The government reports the inability to operate the generators still, due to citizen opposition voices as well as the dangers of not having a backup system to prevent another disaster similar to the one in 2011.

On another note, the United States hopes to obtain 61 percent of the energy needed for citizens using nuclear power plants in the year 2040 says Jeffery Miller, director at the US Department of Energy. He claims the "safety first" motto for the United States' nuclear power plants has been helping to create strong regulators that they use today, leading to great success in their economy. On the other hand, Jeffery Miller revealed increasing concerns over economic closures of nuclear power plants in the United States. They intend to extend the lives of each power plant to 60 years, with much support on the idea of using nuclear energy as an electricity resource.

"Nuclear power plants have yet a long route to becoming safe with clear policies and regulations," says Hirai, who sees the nuclear power plants in Japan having much more problems to overcome before starting re-operation. Bankruptcies within the electricity market in Japan may not be an event so far away, especially with the arising issue of Southern Japan's Takahama nuclear power plant needing closure, following the ones in Fukushima. There is a very low possibility of an increase in power generation using nuclear power plants in the next few years, corresponding with the various problems they already have today.

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