UK plans to build a nuclear plant in Anglesey – an outline agreement has been struck – and the under construction Hinkley Point C are test cases in the nuclear industry’s ability to compete, said a report on Tuesday. The biggest danger was spiralling costs, with the controversial Hinkley Point in southwest England set to cost GBP 20bn, and given cheap and plentiful gas and the rise of renewable power, many industry observers wonder how nuclear power can compete, according to The Energy Transition Report in the Financial Times. “We’ve seen a substantive decline in the share of nuclear of total electricity generation worldwide,” said Paul Dorfman, of the Energy Institute at University College London.
Montel 4th Sept 2018 read more »
Unless nuclear energy is meaningfully incorporated into the global mix of low-carbon energy technologies with the help of new government policies, the challenge of climate change will be much more difficult and costly to solve, a report by the Massachusetts Institute of Technology Energy Initiative says. The report, “The Future of Nuclear Energy in a Carbon-Constrained World”, analyses the reasons for the current global stall in nuclear energy – which currently accounts for only 5% of global primary energy production – and outlines measures that could be taken to arrest and reverse that trend. The study lays out detailed options for government support of nuclear. For example, the authors recommend that policymakers should avoid premature closures of existing plants, which undermine efforts to reduce emissions and increase the cost of achieving emission reduction targets.
Nucnet 4th Sept 2018 read more »
Nuclear industry leaders today outlined the concrete steps they are taking to help reach the goal of the Harmony initiative – to achieve a 25% share of world electricity production by 2050 through the addition of 1000 GWe of new capacity. Launched three years ago, Harmony encompasses three objectives – a level playing field for all clean-energy sources of electricity, harmonised regulatory processes, and an effective safety paradigm.
World Nuclear News 6th Sept 2018 read more »