Argentina relaunches Nuclear Energy Plan under Milei

Dec 22, 2024 - 17:55
Dec 22, 2024 - 18:06
Argentina relaunches Nuclear Energy Plan under Milei
Argentine President Javier Milei presents the fiscal year 2025 budget, at the National Congress in Buenos Aires, Argentina, September 15, 2024. REUTERS/Agustin MarcarianSource: REUTERS

Argentine President Javier Milei has announced a plan to revive the country’s nuclear energy program.

The plan includes the creation of an Argentine Nuclear Council and aims to position Argentina as a leader in nuclear technology and artificial intelligence development.

Speaking at the presidential palace, Casa Rosada, Milei said, “Nuclear energy will have its triumphant return.”

Milei highlighted Argentina’s natural and human advantages. “We have a privileged people in human capital and abundant energy reserves,” he was quoted as having said.

He also described Patagonia’s low temperatures as ideal for housing artificial intelligence servers, which require significant energy.

The plan will begin with the construction of a small modular reactor at the Atucha Nuclear Power Plant. According to Chief Advisor Demian Reidel, this will reduce power outages and improve energy access nationwide.

The project also includes plans to develop uranium reserves to meet domestic demand and create export opportunities. The government hopes the plan will make Argentina a global leader in the peaceful use of nuclear power and artificial intelligence.

Source: Reuters