Conclusion A Possible Future for Nuclear Energy

Beck has noted that "The electric supply industry is the only market for civilian nuclear energy and in this regard the nuclear industry is on tap, but not on top" (Beck, 1994). If the world can satisfactorily address the public concerns about nuclear energy, and reverse the cost increases however caused, nuclear energy can begin to meet the promise of the optimists of 30 years ago and get back on top, instead of merely being on or under tap. It can go further and produce process heat, beginning perhaps in partnership with clean-coal technologies and eventually moving into hydrogen generation. Indeed, we do not have to go all the way back to the costs of 1973 (inflation corrected) for nuclear power to be the cost-effective method of generating electricity in many markets.

Percent Changes in 2095 r = 0.04 1/yr

Factor Change in UTC

Figure 7.37 Summary of relative sensitivities of key metrics to NE capital-cost variations, as induced through the parameter/[jTC, measure in 2095 and referenced to the

Factor Change in UTC

Figure 7.37 Summary of relative sensitivities of key metrics to NE capital-cost variations, as induced through the parameter/[jTC, measure in 2095 and referenced to the

1.0, CTAX=0.0 $/tonneC/yr) basis scenario in the year 2095; Table

7.8 gives values used to perform the normalizations, as well as key definitions

(Krakowski, 1999).

Table 7.8 Absolute values of key parameters used to generate normalized sensitivity diagrams (Figs. 7.37 and 7.38) for the year 2095

Table 7.8 Absolute values of key parameters used to generate normalized sensitivity diagrams (Figs. 7.37 and 7.38) for the year 2095

Parameter

Value

Carbon-dioxide emission rate, RCOj (GtonneC/yr)

19.8

Atmospheric carbon dioxide inventory, FF(GtonneC)

1631.6

Average global surface temperature increase, AT(K)

2.6

Total global plutonium, MPu (ktonnePu)

15.3

Proliferation risk index, PRI

0.14

Electrical energy as fraction of primary energy, EE/PE

0.15

Nuclear energy as fraction of primary energy, NE/PE

Solar Power

Solar Power

Start Saving On Your Electricity Bills Using The Power of the Sun And Other Natural Resources!

Get My Free Ebook


Post a comment