APEC agrees to promote nuclear power: Reports



APEC agrees to promote nuclear power: Reports Tokyo: Asia-Pacific ministers and officials agreed Saturday to promote renewable sources and nuclear power in a bid to maintain energy security and cut greenhouse gas emissions in the region.

Japan hosted the one-day energy meeting of the Asia Pacific Economic Cooperation forum (APEC), in Fukui, ahead of a summit scheduled for November in Yokohama, southwest of Tokyo.

In a statement adopted at the meeting, the forum agreed that the deployment of renewable energy, nuclear energy and power generation involving carbon capture and storage technology should be promoted, Kyodo News reported.

As for new nuclear power plant construction, the statement said "solid financial frameworks as well as cooperation among member economies and with relevant multilateral organisations" could be of help, Kyodo said.

It was the first time APEC had clearly stipulated the promotion of building new nuclear power plants, Kyodo said, quoting Japanese government officials.

Japan has been eager to promote nuclear power as a largely carbon-free energy source, although it has often been plagued by safety concerns and problems related to radioactive waste disposal.

During the meeting, US Deputy Secretary of Energy Daniel Poneman said he wanted to share the experience of the disastrous oil spill in the Gulf of Mexico with other APEC members to prevent a recurrence, news reports said.

PTI