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FINEP Defines Nuclear Transition as Strategic Investment Focus

Written by Corporativo
Published on 02/06/2023 at 15:11
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FINEP Marks Nuclear Energy as the Main Destination for Investment in Technological Innovation

FINEP (Financier of Studies and Projects), when announcing its investment in the nuclear sector during the NT2E business event, highlighted nuclear as one of its investment priorities for the current year. The company, linked to the Ministry of Science, Technology and Innovation, filled sector specialists with positive expectations with this proclamation.

ABDN’s Perspective on FINEP’s Decision

Celso Cunha, president of ABDAN (Brazilian Association for the Development of Nuclear Activities), sees FINEP’s decision as an important milestone in Brazil’s nuclear advancement. “FINEP’s investments in nuclear projects suggest a great horizon of growth for innovation in nuclear processes and sustainable technology. This initiative is crucial, as the nuclear sector has immense potential to drive the country’s progress on various fronts,” he stated.

The Hidden Potential of the Nuclear Sector

Cunha clarifies that the nuclear sector, traditionally linked to electricity generation through nuclear plants, offers much more. “The application of nuclear energy extends to various fields such as medicine, agriculture, industry, national security, and much more. Furthermore, nuclear technology has immense potential to foster innovation and competitiveness across different segments of the economy. With the growing demand for clean and sustainable energy, nuclear energy can become a vital alternative to reduce dependence on non-renewable sources,” emphasizes the president of ABDAN.

FINEP and Its Role in Innovation and Sustainability

FINEP’s projects aim to expand research and innovation capabilities in developing high-impact strategic actions for Brazil’s sustainable advancement. Today, FINEP’s priority areas for this investment encompass health technology, energy transition, ecological transition, digital transformation, and the defense technology industrial complex.

FINEP’s Trajectory in Technological Advancement

With regard to new technologies, FINEP has actively marked its presence in projects in this sector. Since 1973, the company has collaborated with Nuclebrás in the development of the technology for fast reactors, with the project for fuel reprocessing and the installation of the Cyclotron.

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