The Mystery of the Missing Atoms

Let’s see if you can see what I see. It’s kind of a mystery.
This is from the New York Times

But with the shrinking of the industry, coal interests “are losing their clout, and they’re not going to get it back,” Mr. Goodell said. “It’s becoming clear where the future is going. The politically smart thing is to jump on the renewables bandwagon.”

Goodell is Jeff Goodell, author of the 2006 book “Big Coal: The Dirty Secret Behind America’s Energy Future.”
Let’s try another one. Same thing as above, this time from the Hill.

We’re thrilled about any opportunity to replace coal directly with renewable energy, because the whole idea of natural gas as a bridge fuel has become debunked as we get more and more understanding of how bad natural gas is, and how ready to go renewable energy is,” said Julian Boggs, the global warming outreach director for Environment America. “Deploying as much renewable energy as possible is essential to solving global warming. Natural gas can’t solve global warming.”

These are both about the Clean Power Plan. We’ll let the coal and renewable folks take care of themselves. It’s just that this death of coal/birth of renewables meme seems much too binary, with Mr. Boggs having no trouble throwing natural gas onto the island of misfit energy types.
But can you replace base load energy – and a lot of it – with intermittent renewable energy? And is natural gas the only conceivable solution? Could there be – something else?

What could that be? – and emission free – and base load energy, to boot. Hydro, maybe? That’s pretty tapped out – you could call it peak water, but really, it’s the environmental hurtles of building new dams that make a difference. Surely this complex tangle of a mystery requires superb sleuthing abilities to resolve.

Let’s try one more story, this one from Bloomberg, to see if this crime against electricity can be solved.

The race for renewable energy has passed a turning point. The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined. And there's no going back.
…
Solar, the newest major source of energy in the mix, makes up less than 1 percent of the electricity market today but could be the world’s biggest single source by 2050, according to the International Energy Agency.

The story has a correction that points out that EIA projections are based on different scenarios which may or may not prove out. They’re really not meant to prove out. It’s a government agency looking at possibilities, not the Amazing Kreskin.

Still, Bloomberg sees what the Clean Power Plan means to do, it recognizes that solar has great potential but no market share yet – and misses the obvious player in the energy market. Hercule Poirot would be slapping his forehead.

We get that reporters cannot be expected to know everything and sometimes give too much time to interested parties as interview subjects, but come on, ink slingers, try a little harder.

Activists' Claims Distort Facts about Advanced Reactor Design

Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...

What Happens During a Refueling Outage?

You may have noticed over the past few weeks that a number of nuclear plants are shut down for refueling outages or are resuming operations after just returning from one. This type of routine outage usually occurs in the spring or fall when electricity demand is low so that nuclear reactors can replace about one-third of the spent fuel rods with new fuel and conduct other routine maintenance and repairs at the plant. To get a better sense of how refueling works at a nuclear energy facility, I spoke with Marcus Nichol, NEI’s senior project manager for used fuel storage and transportation, and asked him to explain the basics. Why does a nuclear plant need to replace one-third of its fuel? Nichol: The main purpose of a refueling outage is to replace older fuel that is depleted—meaning it can no longer efficiently produce energy from nuclear fission reactions—with new fuel. This “used fuel” has typically been used in the reactor for four-and-a-half to six years before it is pe...

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...

NEI Nuclear Notes

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