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September 8–11, 2025
Atlanta, GA|Atlanta Marriott Marquis
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World Bank, IAEA partner to fund nuclear energy
The World Bank and the International Atomic Energy Agency signed an agreement last week to cooperate on the construction and financing of advanced nuclear projects in developing countries, marking the first partnership since the bank ended its ban on funding for nuclear energy projects.
John Sheffield
Fusion Science and Technology | Volume 47 | Number 3 | April 2005 | Pages 323-329
Technical Paper | Fusion Energy - Fusion Plenary and Overview | doi.org/10.13182/FST05-A712
Articles are hosted by Taylor and Francis Online.
Massive increases in energy demand are projected for countries such as China and India over this century e.g., many 100s of megawatts of electricity (MWe) of additional electrical capacity by 2050, with more additions later, are being considered for each of them. All energy sources will be required to meet such a demand. Fortunately, while world energy demand will be increasing, the world is well endowed with a variety of energy resources. However, their distribution does not match the areas of demand and there are many environmental issues.Such geopolitical issues affect China and India and make it important for them to be able to deploy improved technologies. In this regard, South Korea is an interesting example of a country that has developed the capability to do advanced technologies - such as nuclear power plants. International collaborations in developing these technologies, such as the International Thermonuclear Reactor (ITER), may be important in all energy areas. Fusion energy is viewed as an interesting potential option in these three countries.