September 16, 2019
 In The Role of Nuclear Energy in Reducing Fossil Fuel Reliance

Country: Republic of Korea
Delegate Name: David Liu

International Atomic Energy Agency
Nuclear Reactors In Conflict Zones
The Republic Of Korea
David Liu, Forest Hills Northern High School

The issue of reducing reliance on fossil fuels and promoting the development of nuclear energy is of great importance to the international community. As the world faces the challenge of addressing climate change, it is critical that we transition towards cleaner, more sustainable sources of energy. Globally, approximately 80% of energy production is derived from fossil fuels, which produce significant greenhouse gas emissions. Nuclear energy, on the other hand, is one of the lowest-carbon forms of energy, producing just 15-50 grams of carbon dioxide per kilowatt-hour of electricity generated.

Nuclear energy accounted for only 10% of global electricity generation in 2020, but we hope to see this percentage increase. Unlike solar and wind power, which are dependent on weather conditions, nuclear power can operate continuously, providing a consistent and predictable source of electricity. Furthermore, the development of nuclear energy has significant economic benefits. The nuclear industry contributes approximately $70 billion annually to the global economy and employs over 450 thousand people worldwide.

The Republic of Korea has recognized the need to actively promote the development of nuclear energy as a viable alternative. We currently operate 24 nuclear reactors, which account for approximately 30% of our total electricity generation. Additionally, the Republic of Korea has a robust nuclear energy program that is based on advanced nuclear technology and safety standards. We are a global leader in the development and deployment of small modular reactors (SMRs), which are more flexible and cost-effective than traditional nuclear reactors. SMRs can provide reliable, safe, and clean energy to communities that are not connected to the national grid or areas with high energy demand. We are also currently developing a 100-megawatt SMR, which is expected to be operational by 2027.

The Republic of Korea’s nuclear energy program has been successful in reducing its reliance on fossil fuels while also contributing to economic growth. The country’s nuclear industry has directly created over 30,000 jobs and has generated over $6 billion in annual exports. Nuclear energy has also helped The Republic of Korea to reduce its greenhouse gas emissions, with each nuclear power plant preventing the emission of approximately 7.5 million tons of carbon dioxide per year.

In conclusion, The Republic of Korea recognizes the importance of reducing reliance on fossil fuels and promoting the development of nuclear energy. Our nuclear energy program is based on advanced technology and safety standards, and it has been successful in reducing greenhouse gas emissions while also contributing to economic growth. As the world continues to combat the climate crisis, it is critical to consider nuclear energy as a reliable source of energy. The Republic of Korea encourages the international community to join forces in pursuing a sustainable and low-carbon future. Thank you.