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The Role of Nuclear Power in Sustainability of the Electricity Sector

Energy is the basic building block of all sectors of modern economic growth and is considered a basic factor of production, including capital and labor. However, energy consumption has become a crucial aspect of the economic growth (GDP) of any nation. Due to the rapid growth of the global economy, energy consumption is rapidly increasing because of globalization and industrialization. Most of this demand is fulfilled through fossil fuel energy sources: coal consumption (CC, 38%), and oil consumption (OC, 23%) globally. Fossil fuel combustion is the primary cause of global warming, which has resulted in greenhouse gas (GHG) emissions, with carbon dioxide (CO2) being the most significant contributor to environmental pollution. Growing concerns including rapid climate change, environmental degradation, and requirements for clean energy justice, have become human rights issues globally. However, ecologists and energy economists are urging policymakers to shift their energy usage toward clean energy sources (renewable and nuclear) to address the environmental and health challenges. In this regard, the use of nuclear energy and renewable energy plays a crucial role in CO2 emission reductions as well as establishing substantial economic and socioeconomic benefits. Globally, both nuclear and renewable energy sources are important for controlling energy security and pollution emission. Renewable energy and nuclear energy may have an adverse influence on CO2 emission, an effect that is beneficial to the atmosphere.

Economic Growth, Sustainability, Nuclear Energy, Technological Innovation, Job Creation

APA Style

Abeer Mohamed Abdel Razek Youssef. (2023). The Role of Nuclear Power in Sustainability of the Electricity Sector. American Journal of Environmental and Resource Economics, 8(2), 19-27. https://doi.org/10.11648/j.ajere.20230802.11

ACS Style

Abeer Mohamed Abdel Razek Youssef. The Role of Nuclear Power in Sustainability of the Electricity Sector. Am. J. Environ. Resour. Econ. 2023, 8(2), 19-27. doi: 10.11648/j.ajere.20230802.11

AMA Style

Abeer Mohamed Abdel Razek Youssef. The Role of Nuclear Power in Sustainability of the Electricity Sector. Am J Environ Resour Econ. 2023;8(2):19-27. doi: 10.11648/j.ajere.20230802.11

Copyright © 2023 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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