Technological Trends And Market Prospects in The Wire And Cable Industry

Jan-09,2024 View:36 Leave a message

According to Spanish media reports, the Spanish government recently approved the "Seventh General Plan for Radioactive Waste", which officially set the timetable for shutting down Spain's nuclear power units. According to this timetable, the remaining seven units of the five nuclear power plants in Spain will be shut down by 2035, starting from the Almaraz 1 unit in November 2027. The five nuclear power plants (with a total installed capacity of 7.1 gigawatts) currently meet one-fifth of Spain's electricity demand. Previously, Spain had decided to close all coal-fired power plants by 2025. The document passed by the Spanish government this time should have been passed eight years ago when it was planned in 2006 and planned to close nuclear power facilities between 2021 and 2027. The main reason for phasing out nuclear power is that the cost of the nuclear waste management system is increasing, and the possibility of investing to extend its service life is small. The Spanish government also decided to cancel the Villar de Cañas nuclear waste centralized storage project, which has cost 90 million euros so far. The new plan is to build a separate deep geological nuclear waste repository for each unit. It is expected that the closure of nuclear power plants and nuclear waste management will cost a total of 20.2 billion euros. According to the regulations, the reactor must be decommissioned after three years of shutdown. Contrary to the decision of the Spanish government, at the COP28 United Nations Climate Change Conference held in Dubai last December, 25 countries (most of them European countries) signed a declaration to double nuclear energy by 2050. Armenia, Croatia, and Jamaica also announced their participation after the meeting. 120 companies in the industry expressed their support for achieving this goal.