Renewable Energy Remained Stable in the Market Compared to Nuclear Energy Amid the Pandemic

Written by Valdemar Medeiros

Published on 27/09/2020 at 10:09

Updated on 21/03/2022 at 10:34

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Renewable Energy Production Advanced Amid the Covid-19 Pandemic, Resisting Better Than Nuclear Energy, Which Fell Due to A Drop in Demand

In the first quarter of 2020, “the deployment and production of renewable energy resisted better to the effects of the pandemic (…) than the nuclear energy sector,” highlighted the 2020 edition of the World Nuclear Industry Status Report, an annual report dedicated to the subject.

Renewable Energy Increased by 3%

During this period, renewable energy production grew by about 3%, while its relative share in global production increased by 1.5 percentage points.

According to the authors, this increase is mainly due to a “double-digit increase in the percentage of wind energy and a jump in photovoltaic solar energy production from projects installed during the previous year.”

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Nuclear Energy Declined

Nuclear production, on the other hand, fell “by about 3%” during the period, in response to lower demand and because fewer reactors were operational in some regions.

Covid-19 “is the first pandemic of this magnitude” in the history of nuclear energy, the document states. In 2019, the share of electricity production from renewable sources (excluding hydropower) surpassed nuclear energy for the first time (10.39% versus 10.35%). However, the medium-term impact of the pandemic on the energy mix is “far from clear,” according to the report.

Also in 2019, annual nuclear electricity production increased. It reached 2,657 terawatt-hours (TWh), an increase of 3.7% compared to 2018 “and only 3 TWh less than the historical peak of 2006,” we can read in the report. Half of this increase is linked to a more than 19% increase in Chinese nuclear production.

Renewable Energy Remained Stable in the Market Compared to Nuclear Energy Amid the Pandemic

Renewable Energy Production Advanced Amid the Covid-19 Pandemic, Resisting Better Than Nuclear Energy, Which Fell Due to A Drop in Demand

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Renewable Energy Increased by 3%

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Renewable Energy Remained Stable in the Market Compared to Nuclear Energy Amid the Pandemic

Renewable Energy Production Advanced Amid the Covid-19 Pandemic, Resisting Better Than Nuclear Energy, Which Fell Due to A Drop in Demand

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Renewable Energy Increased by 3%

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Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

The island that has 35 inhabitants and celebrates Christmas on January 6: the remote island of Foula lives in isolation, without internet and following Julius Caesar’s calendar for centuries.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

After 14 years of construction and a diplomatic crisis that nearly led to a military confrontation over control of the Nile, Ethiopia inaugurated the largest hydroelectric power plant in Africa — the dam is 170 meters high, holds 74 billion cubic meters of water, and generates 5,150 megawatts.

China has just successfully tested the world’s first ground effect maritime vehicle, a craft that flies up to 6 meters above the water at 200 km/h, uses quantum technology and 6G communication, and can rescue patients in the middle of the ocean.

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Germany turns on a “giant underground radiator” with up to 90 km of boreholes at a depth of 5 km, betting on a closed-loop system without fracking and transforming hot rocks into electricity and heating to open a new phase of clean geothermal energy in Europe.