Nuclear Issues

Recent national trends in investments in global energy research, development, and demonstration (RD&D) are inconsistent around the world. Public RD&D investments in energy are the metric most commonly used in international comparative assessments of energy-technology innovation, and the metric employed in this article. Overall, the data indicate that International Energy Agency (IEA) member country government investments have been volatile: they peaked in the late 1970s, declined during the subsequent two decades, bottomed out in 1997, and then began to gradually grow again during the 2000s.

"...[S]ituated in what it sees as a hostile neighborhood, it is hardly surprising that the Iranian government views an independent nuclear fuel cycle as interchangeable with deterrence, rather than as a bid for building a nuclear arsenal. While building a nuclear arsenal would be a costly endeavor, risking international isolation and assuring Iran's 'pariah status,' acquiring civilian nuclear capability would afford Iran the security and psychological edge it has long sought, and at a lower cost."

Energy diversification has emerged as one of the most important priorities for a majority of the European countries and the EU. Growing energy demand in Europe combined with a high reliance on Russia as an energy producer have led the EU to look to the Caspian Sea region for alternative energy resources, especially in natural gas. Iran has the 2nd largest natural gas reserves in the world and could assist Europe in diversifying supplies. This article argues that there is substantial potential for energy cooperation between Iran and the European countries, particularly Turkey. Increased Iranian participation in the Eurasian energy market, both as consumer and producer, could lead to other benefits including economic development and more efficient energy extraction.