This open access book discusses the eroding economics of nuclear power for electricity generation as well as technical, legal, and political acceptance issues. The use of nuclear power for electricity generation is still a heavily disputed issue. Aside from technical risks, safety issues, and the unsolved problem of nuclear waste disposal, the economic performance is currently a major barrier. In recent years, the costs have skyrocketed especially in the European countries and North America. At the same time, the costs of alternatives such as photovoltaics and wind power have significantly decreased.
This book provides a concise but rigorous appraisal about the future of nuclear power and the presumed nuclear renaissance. It does so by assessing the technical, economic, environmental, political, and social risks related to all aspects of the nuclear fuel cycle, from uranium mills and mines to nuclear reactors and spent fuel storage facilities. In each case, the book argues that the costs of nuclear power significantly outweigh its benefits. It concludes by calling for investments in renewable energy and energy efficiency as a better path towards an affordable, secure, and socially acceptable future.The prospect of a global nuclear renaissance could change the way that energy is produced and used the world over. Sovacool takes a hard look at who would benefit — mostly energy companies and manufacturers — and who would suffer — mostly taxpayers, those living near nuclear facilities, and electricity customers. This book is a must-read for anyone even remotely concerned about a sustainable energy future, and also for those with a specific interest in modern nuclear power plants.
Transforming the energy system is at the core of the dedicated sustainable development goal on energy within the new United Nations development agenda. This publication explores the possible contribution of nuclear energy to addressing the issues of sustainable development through a large selection of indicators. It reviews the characteristics of nuclear power in comparison with alternative sources of electricity supply, according to economic, social and environmental pillars of sustainability. The findings summarized in this publication will help the reader to consider, or reconsider, the contribution that can be made by the development and operation of nuclear power plants in contributing to more sustainable energy systems.
This book is a unique introduction to the economic costs of nuclear power. It examines the future of the nuclear power industry and unpacks the complicated relationships between its technical, economic and political variables. It does so by modelling the costs, risks and uncertainties of one of the world’s most opaque industries using micro-econometrics, econometrics, and cost engineering. Economics of Nuclear Power examines the very important costs of externalities (storing of nuclear waste and the impact of a Chernobyl or Fukushima event) and compares those to the externalities of alternative carbon based energies (oil, coal, natural gas). With over 100 tables and figures this book details nuclear power production around the world - present and planned, providing a completely global focus. It also includes an overview of the past 70 years of international nuclear power developments. This book is essential reading for students, scholars and professionals interested in energy economics, nuclear engineering and energy policy.
Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.
This second edition represents an extensive revision of the ?rst edition, - though the motivation for the book and the intended audiences, as described inthepreviouspreface,remainthesame. Theoveralllengthhasbeenincreased substantially, with revised or expanded discussions of a number of topics, - cluding Yucca Mountain repository plans, new reactor designs, health e?ects of radiation, costs of electricity, and dangers from terrorism and weapons p- liferation. The overall status of nuclear power has changed rather little over the past eight years. Nuclear reactor construction remains at a very low ebb in much of the world, with the exception of Asia, while nuclear power’s share of the electricity supply continues to be about 75% in France and 20% in the United States. However,therearesignsofaheightenedinterestinconsideringpossible nuclear growth. In the late 1990s, the U. S. Department of Energy began new programs to stimulate research and planning for future reactors, and many candidate designs are now contending—at least on paper—to be the next generation leaders. Outside the United States, the commercial development ofthePebbleBedModularReactorisbeingpursuedinSouthAfrica,aFrench- German consortium has won an order from Finlandfor the long-plannedEPR (European Pressurized Water Reactor), and new reactors have been built or planned in Asia. In an unanticipated positive development for nuclear energy, the capacity factor of U. S. reactors has increased dramatically in recent years, and most operating reactors now appear headed for 20-year license renewals.
Innovation has been a driving force in the successful deployment of nuclear energy and remains essential today for its sustainable future. This report provides an overview of the state of the art in nuclear innovation systems, including their driving forces, main actors, institutional and legal frameworks, and infrastructure for knowledge and programme management. It also offers policy recommendations based on country reports and case studies supplied by participating member countries.
For multi-user PDF licensing, please contact customer service. Energy touches our lives in countless ways and its costs are felt when we fill up at the gas pump, pay our home heating bills, and keep businesses both large and small running. There are long-term costs as well: to the environment, as natural resources are depleted and pollution contributes to global climate change, and to national security and independence, as many of the world's current energy sources are increasingly concentrated in geopolitically unstable regions. The country's challenge is to develop an energy portfolio that addresses these concerns while still providing sufficient, affordable energy reserves for the nation. The United States has enormous resources to put behind solutions to this energy challenge; the dilemma is to identify which solutions are the right ones. Before deciding which energy technologies to develop, and on what timeline, we need to understand them better. America's Energy Future analyzes the potential of a wide range of technologies for generation, distribution, and conservation of energy. This book considers technologies to increase energy efficiency, coal-fired power generation, nuclear power, renewable energy, oil and natural gas, and alternative transportation fuels. It offers a detailed assessment of the associated impacts and projected costs of implementing each technology and categorizes them into three time frames for implementation.
This book is a collection of essays focused on the Gordian knot of our time, the closely coupled problems of energy poverty for billions of humans, and global warming for all humans. The central thesis of the book in that nuclear power is not only the only solution, it is a highly desirable solution, cheaper, safer, less intrusive on nature than all the alternatives.
As energy demand increases in line with the expansion of the world's leading economies and the growth of developing economies, a key challenge remains of how to provide the energy levels required while protecting our environment and conserving natural resources. Nuclear energy is a complex and controversial technology but also has the potential to provide considerable benefits. This publication explores a range of issues involved in the use of nuclear energy, including safety aspects, whether its use is economically competitive, its role in meeting greenhouse gas reduction targets, how to manage the radioactive waste it generates, whether its use increase the risk of proliferation of nuclear weapons, security of resources, and its potential role in the future.
