CA Gyati Gupta
Quick Summary
As the world grapples with the dual challenges of climate change and the growing demand for energy, the focus on clean and sustainable energy solutions has never been more critical. Among the various energy sources, nuclear energy stands out as a reliable and low-carbon option. Recent advancements,
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FAQ :
Aneel fuel is a blend of thorium and enriched uranium, offering higher thermal conductivity and stability than conventional uranium fuels. It is significant because it produces less nuclear waste and can be integrated into existing reactors, making nuclear energy more efficient and environmentally friendly.
The partnership between NTPC Limited and Clean Core Thorium Energy (CCTE) allows India to explore the use of thorium-based Aneel fuel. This can reduce India's dependence on imported uranium, enhance energy security, and address nuclear waste challenges, leveraging India's substantial thorium reserves.
Chartered Accountants can find opportunities in project financing and advisory, navigating regulatory compliance and risk management, designing sustainability reporting systems, optimising taxation and incentives, and providing audit and assurance services for nuclear energy projects.
Nuclear energy provides a large-scale, consistent electricity supply without greenhouse gas emissions, making it a critical tool for decarbonisation and meeting net-zero targets. Innovations in fuel and waste management are further enhancing its sustainability.
Globally, countries like Sweden and Finland are developing deep geological repositories for waste management, France is reprocessing spent fuel, and China is investing in advanced reactor technologies like molten salt reactors that can use thorium.
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