Nuclear Energy Effects on Economic Development

This paper seeks to understand the various effects that the nuclear energy program has on the economic development of any country, particularly the United Arab Emirates (UAE). Global energy requirements are only increasing with each passing day and the contribution of nuclear power to the overall energy consumption is bound to increase significantly in the coming days. Energy security and climate change are important reasons to pursue nuclear power policies. Electricity is the driving force behind development and nuclear energy provides an effective source for electricity. UAE seeks nuclear energy due to its dwindling natural resources. Economic development of the country can only be maintained by following nuclear energy programs coupled with high standards of safety and security.