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Nuclear Technology in Oil and Gas Industry to Reduce Emissions
By Shubhendra Anand , 11 April, 2024
Globally, nations are finding ways to reduce environmental emissions to achieve the goals of clean energy transitions. The transition goals are set to be completed by the end of 2050. Therefore, economies are taking necessary steps to integrate better environmental practices to lessen the emissions from transportation, oil production, and other sectors in 2024. The decarbonization process requires a lot of incentives to be followed by individuals for the next decade.
According to the experts’ belief, oil firms are contributing to more greenhouse gas emissions. Therefore, the green energy transition requires oil and gas firms to reduce emissions to fight against climate change. Thus, studies have found a new solution to reduce emissions from oil and gas firms with the help of nuclear technology in 2024. A nuclear energy developer, Viaro Energy and Newcleo, proposed using nuclear technology to reduce the carbon emissions in the oil and gas industries in 2024. The company proposes nuclear technology that aims at future applications of advanced modular reactors. Experts say that nuclear technology will be introduced to consumers for the first time. Users can benefit from the outcomes of nuclear technology applications in reducing carbon emissions. Nuclear technology will be provided to consumers with added safety measures in 2024. Nuclear technology will efficiently lower gas emissions in the oil and gas industries. Thus, it is another solution to reducing the environmental emissions rate to achieve the green energy target by 2050.
Experts mention that nuclear power is a clean energy source that can help perform oil and gas operations with limited emissions. Small modular reactors, or SMRs, are a new solution to provide clean energy to remote oil and gas facilities by integrating nuclear technology. The oil and gas industries face challenges in lowering their emissions, but with growing government incentives, they are bound to find a new solution with nuclear technology.
Nuclear Energy To Advance by 2040
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Shubhendra Anand
Head Research
