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Milei Unveils Ambitious Nuclear Plan To Position Argentina As Global Energy Player

by Zero Hedge
December 26, 2024
in Aggregated, Opinions
Milei Unveils Ambitious Nuclear Plan To Position Argentina As Global Energy Player

In a bold move to transform Argentina into a global energy powerhouse, President Javier Milei introduced the “Argentine Nuclear Plan” on Friday, with the goal of harnessing nuclear energy as a core component of the nation’s future. The plan outlines the construction of Small Modular Reactors (SMRs), compact nuclear units designed to provide power to commercial sectors and other large-scale operations.

“After years of stagnation, nuclear energy is making a powerful comeback, and we are determined to lead, not follow,” Milei declared confidently, emphasizing the country’s abundant natural resources, skilled workforce, and Patagonia’s cold climate, which he described as ideal for housing energy-intensive technologies like AI. “Nuclear energy is the only source that is sufficiently efficient, abundant and rapidly scalable to cope with the development of our civilization,” he added.

President Javier Milei announces the Argentine Nuclear Plan, alongside the Chief of the Council of Advisors, Demian Reidel, and the Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi.

Original in Spanish. Translated to English using AI. https://t.co/sELp0wtxNS pic.twitter.com/KCSHJbknqk

— Demian Reidel (@dreidel1) December 24, 2024

The project will have the backing of the International Atomic Energy Agency (IAEA), with IAEA Director General Rafael Grossi joining Milei and his key advisor, Demian Reidel, during the plan’s official launch. Reidel stressed that the increasing demand for energy, particularly from AI advancements, makes nuclear power crucial to Argentina’s energy strategy, jpost.com reports.

The first phase of the plan will focus on the construction of a Small Modular Reactor (SMR) at the Atucha Nuclear Power Plant. The reactor is expected to help meet rising energy demands and alleviate power shortages throughout Argentina.

Reidel emphasized the significant contribution of Argentine nuclear engineers to the initiative. “We will do so with 100% Argentine technology, developed by our nuclear engineers, who are recognized among the best in the world,” he stated, according to Rosario3. He added that the plan “will give us energy sovereignty, will allow us to export this technology to the world,” and assured that “blackouts will be just a bad memory,” according to La Nación. […]

— Read More: www.zerohedge.com






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