Key Nuclear Stats From EPA's Economic Analysis of the "American Power Act"

According to EPA’s core policy analysis of Senators Kerry and Lieberman’s proposed legislation released yesterday, nuclear energy is projected to generate 44.2% of the US’ electricity in 2050, more than any other source. Total nuclear capacity is projected to more than double from 101 gigawatts in 2010 to 256 gigawatts in 2050 (assuming 90% capacity factor). This means that if all existing operating plants in the US retire at 60 years, the US will need to build another 253 GW or 181 new plants (assuming 1,400 MW each). There are not many quotes for nuclear in the two reports at the link above, but the good numbers below are found in their data tables in the zip folder.

US Electricity Generation StatsIGCC – integrated gasification combined cycle coal plants, CCS – carbon capture and sequestration, MSW – municipal solid waste, CC – combined cycle gas plants

For comparison, EPA’s analysis last summer of the Waxman/Markey House bill projected the need for 262 GW of nuclear power by 2050 (187 new plants if all existing retire at 60). In that analysis, nuclear is projected to supply 41% of total US electricity, more than any other source (data also found in the zip folder).

From EPA’s APA analysis: “Overall, the estimated impacts of the APA are very similar to those of H.R. 2454 [Waxman/Markey]”.

Not much else to say…

Comments

SteveK9 said…

Why do policy documents continue to treat Carbon Capture as a developed technology. Is any real work even going on in this area? It can hardly compare to nuclear with the enormous amount of world-wide experience.

June 17, 2010 at 11:24 AM

Fluor Invests in NuScale

You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap

An Ohio School Board Is Working to Save Nuclear Plants

Ohio faces a decision soon about its two nuclear reactors, Davis-Besse and Perry, and on Wednesday, neighbors of one of those plants issued a cry for help. The reactors’ problem is that the price of electricity they sell on the high-voltage grid is depressed, mostly because of a surplus of natural gas. And the reactors do not get any revenue for the other benefits they provide. Some of those benefits are regional – emissions-free electricity, reliability with months of fuel on-site, and diversity in case of problems or price spikes with gas or coal, state and federal payroll taxes, and national economic stimulus as the plants buy fuel, supplies and services. Some of the benefits are highly localized, including employment and property taxes. One locality is already feeling the pinch: Oak Harbor on Lake Erie, home to Davis-Besse. The town has a middle school in a building that is 106 years old, and an elementary school from the 1950s, and on May 2 was scheduled to have a referendu

Wednesday Update

From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin

NEI Nuclear Notes

Search This Blog