nuclear-news

Nuclear Energy: The New Geopolitical Battleground

Oil Price, By Haley Zaremba – May 10, 2024, 

• Russia’s nuclear energy sector continues to generate significant revenue despite sanctions on its fossil fuels.
• Western nations are increasingly turning to China for nuclear energy supply chains, strengthening China’s economic and geopolitical power.
• This transition is part of a broader trend of China’s growing influence in the global energy landscape.

While the west has had a considerable amount of success imposing energy sanctions on Russia in response to the ongoing war in Ukraine, Russian nuclear sector exports have proven harder to kick. But now, as more western nations get serious about cutting Russia out of their nuclear energy supply chains, they are pushing more and more economic and geopolitical power into the hands of China. …………………………………………………………………………………………………………………

This is not the first time that nuclear energy has been a ‘geopolitical flashpoint’ between Russia and China. The two economic giants have also been facing off for nuclear dominance in emerging economies, and particularly in sub-Saharan Africa…………………………………………………………………

This potential transition of nuclear energy power and profit toward China is part of a much bigger trend in the global energy landscape…………… https://oilprice.com/Alternative-Energy/Nuclear-Power/Nuclear-Energy-The-New-Geopolitical-Battleground.html

May 11, 2024 - Posted by Christina Macpherson | ENERGY, politics international