Skip to main content

Energy Scalability and Carbon Reduction

Scott Peterson
The following is a guest post from Scott Peterson, NEI's Senior Vice President of Communications.

The New York Times, in an April editorial, wrote that “given new regulations on power-plant emissions of mercury and other pollutants, and the urgent need to reduce global warming emissions, the future clearly lies with renewable energy.” (The Times also supports the use of nuclear energy in a low-carbon energy portfolio.)

A new report by IHS CERA on the value of diversity of sources in the electric sector demonstrates why we cannot pin the future of America’s energy on any single fuel or technology. As with many things in life, diversity is vital and all no- or low-carbon power sources are essential as we move into a carbon-constrained energy future.

The U.S. Department of Energy projects that U.S. electricity demand will rise 28 percent by 2040. That means our nation will need hundreds of new power plants to provide electricity for our homes and continued economic growth. Maintaining nuclear energy's current 19 percent share of electric generation would require building one reactor every year starting in 2016, or 20 to 25 new reactors by 2040, based on DOE forecasts.

A study published by the Center for Climate and Energy Solutions earlier this year pointed out that the existing nuclear energy facilities is an overlooked, yet critical element in the transition to a low-carbon future. Without 100 reactors in 31 states, U.S. carbon emissions would be 289 million to 439 million metric tons higher in 2014, and 4 billion to 6 billion metric tons higher over the period of 2012 to 2025.

The Deep Decarbonization Pathways Project (DDPP), a collaborative initiative by Columbia University Earth Institute Director Jeffrey Sachs and others to understand and show how individual countries can transition to a low-carbon economy, recently released a study that calls for a profound transformation of energy systems by mid-century through steep declines in carbon intensity in all sectors of the economy—a transition called “deep decarbonization.” Nuclear energy is an important pathway toward global reduction of greenhouse gases.

The nuclear imperative has come full circle since the first commercial reactor was built in Shippingport, PA in 1957—a response to the tainted air quality in the Pittsburgh region. Today, reactors in the Northeast are a key factor in a nine-state compact to reduce carbon in the electric sector and will be essential to meet national standards being developed by the Environmental Protection Agency.

Kewaunee Nuclear Power Plant
When the Kewaunee nuclear plant south of Green Bay, WI closed in 2013, the state lost roughly 5% of its power supply. As the Milwaukee Journal-Sentinel reported last month: “More importantly, the state lost an even bigger share of the power generation sources that produce no greenhouse gas emissions.”
The closure of the reactor has had "a definite impact on emissions from the state's electricity sector," said Paul Meier, an energy computer modeling expert at the University of Wisconsin-Madison's Wisconsin Energy Institute.

The carbon dioxide emissions reductions the state achieved from building wind farms over the past eight years have largely been offset by the fossil fuels used to replace the power generated by Kewaunee, he estimates.
Maintaining operation of existing reactors and completing five reactors under construction in Georgia, South Carolina and Tennessee are an important complement to other low-carbon electricity sources, and a critical economic driver in the mostly rural communities where the facilities operate. The sheer scale of electricity production—and therefore emissions prevention—from nuclear energy sets it apart from other low-carbon choices. In Illinois, nuclear power plants displace 20 times more carbon emissions than wind, according to the Illinois Clean Energy Coalition.

Similarly, research and commercial demonstration of the next generation of reactors, including smaller factory-built designs, must continue for the future application of nuclear energy technology here and abroad. “We are developing a new type of new reactor that can run entirely on used nuclear fuel. It consumes the fuel and reduces its radioactive lifetime while producing an enormous amount of electricity,” says Leslie Dewan, chief scientist at Cambridge, MA-based Transatomic Power.

Comments

SteveK9 said…
It is not politically correct, but you are mistaken. We could (and should) pin our future on nuclear.
trag said…
I agree with SteveK9. It's very egalitarian to say that we need a diverse mixture of energy sources, but it is mistaken in fact. And as the NEI, you should have long ago recognized this fact and be trumpeting it to the public.

Renewables, in practice, do not result in a net reduction in CO2 emissions. Furthermore, everywhere they are used, electricity rates rise disproportionately. The utilities involved typically work to hide the reason, but the need for expensive transmisssion lines from remote areas, continuing fossil fuel burning backup and the capital costs associated with haivng two full sets of generating capacity, can't help but inflate electricity prices for the consumer, regardless of how low spot prices occasionally go.

Wind and solar are a useless, expensive distraction from building something which actually works, lowers CO2 emissions, provides clean reliable electricity and won't break down in less than 30 years.

The only new electricity source the USA needs is nuclear. There is zero value in adding so-called renewables to the mix.
Mitch said…
From a Forbes comment:

Lance Rains 21 hours ago

"Funny. No one was crying “Mix!” when single oil or coal plants powered whole cities for generations. When are people going to grow some gonads and shout that nukes can drive whole cities 100% clean and quiet and no thanks to sharing the honor as a sliver of some PC pie “mix”!

Popular posts from this blog

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...

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...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...