Frost & Sullivan: Nuclear Power on Top of European Energy Agenda, despite Embargoes

Frost & Sullivan: Nuclear Power on Top of European Energy Agenda, despite Embargoes PR Newswire LONDON, Dec. 13, 2012 -- The number of new projects is higher now than across the last two decades - Europe unlikely to meet its climate goals if nuclear power is marginalised LONDON, Dec. 13, 2012 /PRNewswire/ -- The aftermath of Fukushima has raised two key questions in Europe. One: is nuclear power with its attendant waste and safety issues worth having? And, two: can Europe, in the absence of nuclear power generation, reduce its dependency on oil and gas imports and meet its climate targets? New analysis from Frost & Sullivan (http://www.energy.frost.com), European Nuclear Power Sector, finds that nuclear energy is the answer to meeting aggressive EU targets on carbon dioxide emissions and fossil fuels. Despite the environmental risks, nuclear energy shows potential to reduce emissions and dependence on fossil fuels, and therefore, will be a major contributor to the European energy mix in 2020. "It is difficult to envisage Europe phasing out nuclear power from its energy mix, despite the antagonistic stance of countries like Germany, Switzerland, Italy and Belgium where there are likely to be embargoes on further nuclear power development," noted Frost & Sullivan Energy & Power Supplies Research Analyst, Neha Vikash. "Nuclear power will play an active role in Europe's energy generation and in meeting the region's environmental goals.