Gullen Argues that in The Longer Term, we have to go Beyond Nuclear
B&E: Do you think India is ready for nuclear proliferation for civilian use?
MG: India will need a lot of energy. It is investing in renewables (wind in particular) and it seems nuclear may have to play a role. Since Fukushima, however, the world has turned relatively wary of nuclear energy.
B&E: Are countries pursuing nuclear proliferation ready to face a Chernobyl kind of disaster? What possibilities are there that can ensure civilian safety in case of a nuclear leak?
MG: It is impossible to design a 100% safe industrial facility. Within nuclear power, there are many designs being used. The French, in spite of generating 70% of their power with nuclear, have not had a serious accident. Technology cannot answer all questions and address all eventualities, but it seems that good design can make a difference.
B&E: Do you see a growing need for the world to move towards a prohibitive nuclear and a proliferating solar energy model?
MG: I think all energy sources and technologies need to be pursued. We cannot ignore any one of them. We need more research. I think even coal has a future, as long as we find a way to burn it without releasing gases that warm up the world.
B&E: Is it still costly and uncommon to implement solar power projects in developing economies?
MG: Solar power is not yet competitive anywhere, and it is years, perhaps decades, away from being so.
B&E: Depending on the investment and its return, how do you think solar energy will be able to compete with nuclear?
MG: It will be hard, unless there is a real breakthrough.
B&E: So the challenges that both these technologies face towards becoming major sources of energy in the near future relate to...
MG: It’s a matter of cost, in the long run.
MG: India will need a lot of energy. It is investing in renewables (wind in particular) and it seems nuclear may have to play a role. Since Fukushima, however, the world has turned relatively wary of nuclear energy.
B&E: Are countries pursuing nuclear proliferation ready to face a Chernobyl kind of disaster? What possibilities are there that can ensure civilian safety in case of a nuclear leak?
MG: It is impossible to design a 100% safe industrial facility. Within nuclear power, there are many designs being used. The French, in spite of generating 70% of their power with nuclear, have not had a serious accident. Technology cannot answer all questions and address all eventualities, but it seems that good design can make a difference.
B&E: Do you see a growing need for the world to move towards a prohibitive nuclear and a proliferating solar energy model?
MG: I think all energy sources and technologies need to be pursued. We cannot ignore any one of them. We need more research. I think even coal has a future, as long as we find a way to burn it without releasing gases that warm up the world.
B&E: Is it still costly and uncommon to implement solar power projects in developing economies?
MG: Solar power is not yet competitive anywhere, and it is years, perhaps decades, away from being so.
B&E: Depending on the investment and its return, how do you think solar energy will be able to compete with nuclear?
MG: It will be hard, unless there is a real breakthrough.
B&E: So the challenges that both these technologies face towards becoming major sources of energy in the near future relate to...
MG: It’s a matter of cost, in the long run.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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IIPM: Indian Institute of Planning and Management
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Best B School India
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age WomanIIPM's Management Consulting Arm-Planman Consulting
IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management