OrbitalDawn
Ulysses Everett McGill
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Nuclear energy too slow, too expensive to save climate: report
Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said.
Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said.
In mid-2019, new wind and solar generators competed efficiently against even existing nuclear power plants in cost terms, and grew generating capacity faster than any other power type, the annual World Nuclear Industry Status Report (WNISR) showed.
“Stabilizing the climate is urgent, nuclear power is slow,” said Mycle Schneider, lead author of the report. “It meets no technical or operational need that low-carbon competitors cannot meet better, cheaper and faster.”
The report estimates that since 2009 the average construction time for reactors worldwide was just under 10 years, well above the estimate given by industry body the World Nuclear Association (WNA) of between 5 and 8.5 years.
The extra time that nuclear plants take to build has major implications for climate goals, as existing fossil-fueled plants continue to emit CO2 while awaiting substitution.
Report available here:
WNISR2019 Assesses Climate Change and the Nuclear Power Option
The Global Launch of the World Nuclear Industry Status Report 2019 (WNISR2019) is taking place on 24 September 2019 at the Central European University (CEU) in Budapest. The event is opened by CEU (...)