Renaissance of nuclear power challenge for policy makers and industry

Nuclear power industry being cost intensive, must be considered as a high-tech employer of highly qualified man power. Similar challenge is faced by manufacturers: the part of supply chain. Nuclear power plant is very complex equipment as far as technology and science is involved. Nuclear power can be the option for bigger share of balanced national or global energy mix, to meet growing demand for power, with stability of supply and reducing CO2 emissions till the year 2050. Hence, there is need to treat nuclear power as a long-term program, with which all its positive features will be a stronger alternative to conventional fossil power plants as well as all renewables. (author)