The share of nuclear power could fall to 10% against 14% today because of events at the Fukushima nuclear power plant, the executive director of the International Atomic Energy Agency (IEA) Nobuo Tanaka said on Friday, during the International Economic Forum in St. Petersburg.
“Following the events at the Fukushima nuclear power plant, the share of nuclear power could fall to 10% against 14% today. It will be replaced by coal, gas and renewable energy sources,” the manager at the Forum session devoted to energy security said.
He said to replace nuclear power sources, the world will need by 2035, additional quantities of oil equivalent to the current production of Australia.
The Director of the IEA said that the era of cheap energy over and called on Russia, China and India to join the Agency to discuss such issues related to security energy.