Climate
change is the biggest environmental challenge of our time. As governments
around the world prepare for the climate summit in Paris next month, an IAEA
report released today highlights the role nuclear power could play in reducing
greenhouse gas emissions (GHG) that contribute to global warming.
Six
weeks before the kick-off of the Paris conference, which will seek to reach a
new legally binding accord on combating global warming, Climate
Change and Nuclear Power 2015 offers a comprehensive review
of nuclear power’s potential to mitigate GHG and to address economic, energy
and environmental challenges.
“Nuclear power is one of the
major low-carbon energy sources currently available, and many countries believe
that it can help them to address the twin challenges of ensuring reliable
energy supplies while curbing emissions,” IAEA Director General Yukiya Amano
said. “As governments around the world prepare to negotiate a climate agreement
in Paris, it is important that the contributions that nuclear power can make to
combating climate change are recognized.”
The
annual report, substantially revised compared to last year’s edition, was
updated to account for new scientific information, analyses, technical reports
and other publications that have recently become available. These publications
includeProjected Costs of Electricity Generation by the Nuclear
Energy Agency of the Organization for Economic Cooperation and Development
(NEA-OECD) as well asWorld Energy Outlook and Nuclear
Energy Roadmap, both produced by the International Energy Agency (IEA).
New
sections explore emerging issues likely to affect the relationship between
climate change and nuclear power in the coming decades, including:
·
A
comparison in the lifecycle of GHG emissions of different nuclear technologies.
The differences between pressurized water reactors and boiling water reactors
technologies are indiscernible and comparable to other low carbon energy
technologies. Further, studies indicate that gas-cooled and fast reactors have
even lower emissions due to higher thermal efficiencies and lower fuel cycle
demands, respectively.
·
An
explanation of the impact of system costs according to technology type. For
example, grid connection costs for intermittent renewables are a
factor of 3 to 10 higher than for dispatchable technologies such as coal, gas
or nuclear. And balancing costs — penalties paid by producers that provide more
or less power than what they had announced — rise sharply with increased shares
of renewables on the grid.
·
A
comparison of the emissions from fossil carbon capture and storage (CCS) and
nuclear power. CCS costs are uncertain, siting CO2 storage
repositories are challenging, and lifecycle emissions of GHG are still higher
than nuclear.
David
Shropshire, Head of the IAEA’s Planning and Economic Studies Section, which
produced the report, said all low-carbon energy technologies will be needed in
the years ahead to address the climate challenge.
“The
carbon footprint for nuclear power is very low – comparable to hydro power and
less than any kind of fossil energy, while also providing a constant baseload
supply of electricity,” Shropshire said. “If the world is to limit the global
temperature increase at an acceptable level, all low-carbon energy sources will
be needed.” To learn more about this issue, listen to this short interview with David
Shropshire.
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