Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

The Future of Nuclear Power Is ‘Challenging,’ Says WNA Report

Energy
The Future of Nuclear Power Is ‘Challenging,’ Says WNA Report

By Paul Brown

The nuclear industry is celebrating breaking records that have stood for a quarter of a century—but a new update on its successes still fails to disperse the clouds over its future.

The nuclear industry provides 10 percent of the world's electricity, but its target is to supply 25 percent by 2050—requiring a massive new build program.

Ten new nuclear reactors came on line last year worldwide and more new reactors are being built than at any time since 1990. According to the report by the World Nuclear Association (WNA), there were 66 power reactors under construction across the world last year and another 158 planned. Of those being built, 24 were in mainland China.

In what it promises will be an annual update of the industry's "progress," the WNA presents a rosy picture of the future of the industry, which it hopes will produce ever-increasing amounts of the world's power.

Currently, the industry provides 10 percent of the world's electricity, but its target is to supply 25 percent by 2050—requiring a massive new build program. The plan is to open 10 new reactors a year until 2020, another 25 a year to 2030 and more than 30 a year until 2050.

Vast Increase

The industry regards this as vital to ensure that the governments of the world keep to their plan of keeping the planet from passing the internationally-agreed limit of a 2 C rise in temperatures above pre-industrial levels. It says only a vast increase in new nuclear power, combined with renewables, can achieve this.

"The World Nuclear Association's vision for the future global electricity system consists of a diverse mix of low-carbon technologies—where renewables, nuclear and a greatly reduced level of fossil fuels (preferably with carbon capture and storage) work together in harmony to ensure a reliable, affordable and clean energy supply," the report says.

Despite its optimism, the WNA admits that the situation globally for the industry is "challenging," particularly in Europe and the U.S., where low electricity prices are making nuclear power uneconomic.

The brightest prospect is China, where nuclear power is shielded from market forces. Eight new reactors were connected to the grid in 2015, with many more scheduled for construction as part of China's bid to phase out coal and improve air quality.

The largest nuclear power exporter is Russia and President Putin is offering countries generous terms, including providing the fuel for the reactors and then taking the waste back to Russia.

This plan, which ties countries into close partnerships with Russia, could be seen to pose political dangers for the countries concerned, giving Russia direct control over their energy supplies.

Many countries have chosen to ignore this potential problem. As a result, Russia's national nuclear industry is currently committed to building new reactors in China, Hungary, India and Turkey and is engaged with potential buyers in Jordan, Kazakhstan, Nigeria, South Africa and Vietnam, among others.

South Korea and India are also quoted in the WNA report as boosting nuclear power with new commitments in 2015.

In Europe and North America, however, nuclear operators are struggling. In Europe, this is mainly because of political opposition in Germany and the fact that the French nuclear industry's flagship new design, currently under construction, is badly delayed by cost overruns and time delays.

Hard to Compete

The recent UK vote to leave the European Union, which took place after the WNA report was compiled, will make this situation worse. The British plan to build 10 new reactors, including four of French design, now seems much less likely to be realized.

In North America, the success of the shale gas industry has meant that nuclear power finds it hard to compete on price.

Aside from new build, there is great emphasis in the report on the continued operation of nuclear power stations well beyond their original design life. It says that, in many cases, there is no reason why, with regular refurbishment, many nuclear reactors could not continue in service permanently. In many cases, it says, it would be cheaper to refurbish an existing station than to build a new one.

The exception is the advanced gas cooled reactors operated in the UK. These have life-limiting factors that mean they will close well before the 60-year lifespan that reactors of other designs could easily manage, the report says.

YOU MIGHT ALSO LIKE

6.5 Million People Die Each Year From Air Pollution, IEA Says

Public Lands Development Rigged in Favor of Oil and Gas

Oakland Bans Coal Exports, Huge Win for Local Residents

Germany Bans Fracking But Does It Go Far Enough?

54% of parents with school-age children expressed concern that their children could fall behind academically, according to a poll conducted over the summer of 2020. Maria Symchych-Navrotska / Getty Images

By Pamela Davis-Kean

With in-person instruction becoming the exception rather than the norm, 54% of parents with school-age children expressed concern that their children could fall behind academically, according to a poll conducted over the summer of 2020. Initial projections from the Northwest Evaluation Association, which conducts research and creates commonly used standardized tests, suggest that these fears are well-grounded, especially for children from low-income families.

Read More Show Less

EcoWatch Daily Newsletter

A teenager reads a school English assignment at home after her school shut down because of the COVID-19 pandemic on March 22, 2020 in Brooklyn, New York. Andrew Lichtenstein / Corbis via Getty Images

The pandemic has affected everyone, but mental health experts warn that youth and teens are suffering disproportionately and that depression and suicide rates are increasing.

Read More Show Less

Trending

In an ad released by Republican Voters Against Trump, former coronavirus task force member Olivia Troye roasted the president for his response. Republican Voters Against Trump / YouTube

Yet another former Trump administration staffer has come out with an endorsement for former Vice President Joe Biden, this time in response to President Donald Trump's handling of the coronavirus pandemic.

Read More Show Less
Climate Group

Every September for the past 11 years, non-profit the Climate Group has hosted Climate Week NYC, a chance for business, government, activist and community leaders to come together and discuss solutions to the climate crisis.

Read More Show Less
A field of sunflowers near the Mehrum coal-fired power station, wind turbines and high-voltage lines in the Peine district of Germany on Aug. 3, 2020. Julian Stratenschulte / picture alliance via Getty Images

By Elliot Douglas

The coronavirus pandemic has altered economic priorities for governments around the world. But as wildfires tear up the west coast of the United States and Europe reels after one of its hottest summers on record, tackling climate change remains at the forefront of economic policy.

Read More Show Less

Support Ecowatch