It aligns with recommendations presented in Issues by a leading nuclear researcher who laid out a road map for innovation to reach the next generation of affordable and
safe nuclear energy technologies.
French President Francois Hollande arrives in Japan on Thursday for a visit expected to focus on closer cooperation
in nuclear energy technologies and on Prime Minister Shinzo Abe's economic strategies.
The government policy is also due, in part, to the emergence of
new nuclear energy technologies that, if successfully developed and implemented, could increase nuclear plant safety while also reducing costs and the risk of nuclear proliferation.
Many Indian and
foreign nuclear energy technology companies have not been willing to supply nuclear technology and services to India because laws in the country leave suppliers open to financial liability for damages to third parties in the case of a nuclear accident.
The long - term viability of the nuclear energy industry is less certain and will depend, in large part, on the success of nuclear energy researchers in developing safer, lower -
impact nuclear energy technologies.
As such, the combined political and economic constraints associated with
current nuclear energy technologies mean that nuclear energy's share of global energy generation is unlikely to grow in the coming decades, as global energy demand is likely to increase faster than new plants can be deployed.
If the U.S. forgoes its role as a leader in the global nuclear industry, the world will look to active nuclear nations like China and Russia for leadership, which will put them in a position to develop future international standards
for nuclear energy technology use.»
The Joint Statement issued by the prime ministers emphasized that Canada and India would collaborate as equal partners
in nuclear energy technology and services.
The United States, France and Australia, whose companies sell uranium and / or
nuclear energy technology and services, are moving fast to position themselves as key suppliers to India.
This opened the door for the sale of uranium and
nuclear energy technology and services between the two countries, but trade outcomes have been limited.
French President Francois Hollande arrived in Japan on Thursday for a visit expected to focus on closer cooperation in
nuclear energy technologies and on Prime Minister Shinzo Abe's economic strategies.
Their menu of recommendations included investing more to improve solar and
nuclear energy technologies.
To address these concerns, the Department of Energy (DOE) has funded research and development (R&D) on advanced renewable, fossil, and
nuclear energy technologies.
The Economist editorializes that this might mean wisely and cautiously considering forms of geoengineering that remove carbon from the atmosphere, but also innovation strategies that create society - wide electric grids that can take advantage of similarly powerful new solar and / or
nuclear energy technologies: