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Book part
Publication date: 13 April 2023

Serhat Yüksel, Hasan Dinçer, Çağatay Çağlayan, Alexey Mikhaylov and Duygu Yavuz

Nuclear energy is of vital importance for the energy independence of countries. Therefore, some of the countries have given priority to nuclear energy investments. However, there…

Abstract

Nuclear energy is of vital importance for the energy independence of countries. Therefore, some of the countries have given priority to nuclear energy investments. However, there are some risks in nuclear reactors. For this reason, some countries are uneasy about nuclear energy investments. Thorium-based nuclear power plants are also recommended to minimize these risks. It is possible to talk about many advantages of these power plants. However, there are some negative aspects to these investments. In this study, both positive and negative aspects of thorium-based nuclear power plants are discussed simultaneously. In this context, first, the literature was comprehensively examined, and seven different factors were determined. An analysis is then carried out using the DEMATEL method. It is concluded that the cost and uncertainties have the greatest weight. In addition, suitability and physical and chemical reasons are other significant items. The results obtained show that thorium-based nuclear power plants are not very efficient now. In this context, the costs of thorium-based nuclear reactors should be reduced by new research and development activities. Otherwise, the high-cost problem reduces the efficiency of these reactors. With the developing technology, it is necessary to reduce the high costs. If the costs cannot be reduced, financial sustainability of thorium-based nuclear reactors will not be possible, although there are many benefits.

Details

Renewable Energy Investments for Sustainable Business Projects
Type: Book
ISBN: 978-1-80382-884-8

Keywords

Book part
Publication date: 18 February 2022

Serhat Yüksel, Hasan Dinçer, Çağatay Çağlayan, Gülsüm Sena Uluer and Anton Lisin

It is predicted that the bitcoin system will enter many areas of our lives in the future. Although it has many benefits, the most criticized issue of this system is excessive…

Abstract

It is predicted that the bitcoin system will enter many areas of our lives in the future. Although it has many benefits, the most criticized issue of this system is excessive energy consumption. Since an excessive amount of energy is used in this process, it is vital that the preferred energy is environmentally friendly. For example, mining bitcoin with fossil fuels is likely to release a significant amount of carbon gas into the atmosphere. This will cause serious environmental problems. Therefore, great attention should be paid to the type of energy that will be used in bitcoin mining. In this study, it was stated that it would be beneficial to prefer nuclear energy in bitcoin mining. As a result of the use of nuclear energy, no carbon gas is released into the atmosphere. This will help reduce environmental pollution to a significant extent. Another dimension of nuclear energy being preferred in bitcoin mining is that the energy produced is continuous. The main reason for this is that nuclear energy is not affected by climatic conditions and temperature differences. Thanks to the preference of nuclear energy in bitcoin mining, it will be possible to contribute to the uninterrupted progress of this process.

Details

Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance
Type: Book
ISBN: 978-1-80117-899-0

Keywords

Book part
Publication date: 9 June 2022

Hasan Dinçer, Serhat Yüksel, Gülsüm Sena Uluer and Çağatay Çağlayan

The aim of this study is to examine the significant factors to improve the green nuclear energy investments in the emerging economies. For this purpose, balanced scorecard-based…

Abstract

The aim of this study is to examine the significant factors to improve the green nuclear energy investments in the emerging economies. For this purpose, balanced scorecard-based criteria are weighted with DEMATEL methodology. The findings demonstrate that technological improvement and financial issues are the most important issues for the improvement of the green nuclear energy investments in these countries. Nuclear energy working with thorium can also be obtained with proton accelerator technology that is currently quite expensive. Because of this problem, the investors are not willing to make investments for green nuclear energy projects. Hence, emerging countries should make the necessary technological investments to have proton accelerator technologies. With the help of this condition, it will be possible to reduce the cost of green nuclear energy projects which attracts the attention of the investors. This situation has a powerful contribution for the sustainable economic development of these countries.

Details

Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

Keywords

Book part
Publication date: 6 February 2023

Serhat Yüksel, Hasan Dinçer, Çağatay Çağlayan and Gülsüm Sena Uluer

Carbon emission is one of the most important problems of today. In this framework, it is important for countries to take the necessary actions to solve this problem. Energy use is…

Abstract

Carbon emission is one of the most important problems of today. In this framework, it is important for countries to take the necessary actions to solve this problem. Energy use is one of the most important causes of carbon emissions. Choosing fossil fuels in this process increases the carbon emission problem. Therefore, it is understood that countries should be more sensitive about energy types. In this context, renewable energy (RE) sources are recommended by experts. However, due to some problems of these energy types, it does not seem possible to meet all energy needs from these sources. It is thought that nuclear energy will produce a permanent solution to the carbon emission problem. In this context, it is recommended that the use of nuclear energy be put on the agenda by countries.

Details

The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

Keywords

Content available
Book part
Publication date: 9 June 2022

Abstract

Details

Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

Content available
Book part
Publication date: 6 February 2023

Abstract

Details

The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

Content available
Book part
Publication date: 18 February 2022

Abstract

Details

Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance
Type: Book
ISBN: 978-1-80117-899-0

Content available
Book part
Publication date: 13 April 2023

Abstract

Details

Renewable Energy Investments for Sustainable Business Projects
Type: Book
ISBN: 978-1-80382-884-8

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