Programme

The Role of Nuclear in the Green Energy Mix

DYNAMICS OF THE GLOBAL ECONOMY
Panel Session
Congress Centre, Conference Hall B1

Meeting the goals of the Paris Climate Change Agreement will require a radical transformation of the current system of power generation in the world, as well as accelerated development of zero carbon energy. At present, the share of such green energy of the future amounts to just 30% of overall global generation. Nuclear power plants producing around 11% of global power, along with renewables, are making a significant contribution to green energy. What will the future green energy balance look like and what role will nuclear power play in its creation? What technologies and solutions will serve as the basis for nuclear power development? How can we ensure efficient implementation of nuclear generation projects?

Moderator:
Stephan Solzhenitsyn , Senior Partner, McKinsey & Company

Panellists
Yukiya Amano , Director General, International Atomic Energy Agency (IAEA)
Alexey Likhachev , Chief Executive Officer, ROSATOM State Atomic Energy Corporation
Pekka Lundmark , President, Chief Executive Officer, Fortum Corporation
Peter Szijjarto , Minister of Foreign Affairs and Trade of Hungary

Broadcast

Key moments

Nuclear power is an industry exhibiting some of the smallest atmospheric carbon footprints.
Yukiya Amano
Director General, International Atomic Energy Agency (IAEA)
We are on the verge of the fourth industrial paradigm, of another revolution in technology. This is the age of horizontal communication, digital informatics, artificial intelligence, buying and selling of product lifecycles rather than actual products. Nuclear power industry is unparalleled in its role as a moderator of this process.
Alexey Likhachev
Chief Executive Officer, ROSATOM State Atomic Energy Corporation
I believe that nuclear will play a central role not as an only technology, but working together with hydro, solar, wind and sustainable biomass. However, the nuclear industry, to stay competitive and play its role in the future, […] also needs to renew itself.
Pekka Lundmark
President, Chief Executive Officer, Fortum Corporation
A crucial condition for development of the nuclear power industry is its acceptance by society. In order for the nuclear power industry to emerge in a given country, its inhabitants must accept it.
Yukiya Amano
Director General, International Atomic Energy Agency (IAEA)
It is important to standardize the occupational safety requirements across different jurisdictions and countries in order to create a safe nuclear power industry.
Pekka Lundmark
President, Chief Executive Officer, Fortum Corporation
The nuclear industry is unparalleled in its ability to serve as a game-changing interface for connecting businesses, economic elites, and our peoples.
Alexey Likhachev
Chief Executive Officer, ROSATOM State Atomic Energy Corporation
The global community has recognised that we have abused nature to the very limit. This has culminated in hundreds of millions of tonnes of carbon dioxide emissions per month, tens of billions per year! Perhaps it isn’t as critical for us as it is for our grandchildren. In other words, we need to reorientate energy and industrial projects. It is impossible to imagine the society of the 50s and 60s without the emerging role of the nuclear power industry.
Alexey Likhachev
Chief Executive Officer, ROSATOM State Atomic Energy Corporation