Mapping what it would take for a renaissance for nuclear energy. A new, 270-page report from the Massachusetts Institute of Technology (MIT) details what it would take for nuclear energy to see a renaissance. A subsidy from the Trump administration that helps both coal and nuclear likely would not help nuclear as much as a nuclear subsidy alone could, because coal and nuclear are competitors offering the same product. Coal would continue to outbid nuclear in a world without a serious cap on carbon. But a world with much more stringent CO2 emissions restrictions seems far off at the moment. While headwinds are against nuclear, the recommendations mapped by MIT give a sense of where the industry would need to go to see a revival.
Ars Technica 7th Sept 2018 read more »
The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London today. The acceleration in global sales of electric vehicles (EVs) over the past six years is a key litmus test signalling the reality of this shift, the CEO of Bannerman Resources said. The initial penetration of EVs into the world economy has been driven by incentives supporting their use, and by 2050 they will be “baked in” by bans on vehicles with internal combustion engines (ICE), he said. However, in the meantime, the next phase of uptake will be consumer led, driven by the features and benefits of EVs.
World Nuclear News 7th Sept 2018 read more »