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April 2, 2019 by Nukewatch 1 Comment

Nuclear Power Worsens & Can’t Survive Climate Disruption

By John LaForge
Spring Quarterly 2019

Donald Trump claims, “America will never be a socialist country.” But he’s too late. We already have socialism for the rich, with the nuclear power industry as a prime example.

On a level playing field, nuclear power would go bust. Those owners get financial supports or subsidies that safe renewables like solar power, geothermal, and wind power don’t get. Two particularly large government handouts keep the reactor business afloat, and without them it would crash overnight.

1) In a free market, the US Price Anderson Act would be repealed. The act provides limited liability insurance to reactor operators in the event of a loss-of-coolant, or other radiation catastrophe. The nuclear industry would have to get insurance on the open market like all other industrial operations. This would break their bank, since major insurers would only sell such a policy at astronomical rates, if at all.

2) The US Nuclear Waste Policy Act (NWPA) would also be repealed. NWPA is the government’s pledge to take custody of and assume liability for the industry’s radioactive waste. Without NWPA the industry would have to pay to contain, isolate and manage its waste for the 1-million-year danger period. The long-term cost would zero the industry’s portfolio in a quick “correction.”

“From a business perspective, it’s over”

Even if the industry retained the above two subsidies, economists say the reactor business is finished. Jeremy Rifkin—the renowned economic and social theorist, political advisor to the European Union and heads-of-state, and author of 20 books—was asked his view of nuclear power’s future at a Wermuth Asset Management global investors’ conference. Rifkin demolished its prospects in short order:

Frankly, I think … it’s over. Let me explain why from a business perspective. Nuclear power was pretty well dead-in-the-water in the 1980s, after Three Mile Island and Chernobyl. It had a comeback. The come-back was the industry saying: ‘We are part of the solution for climate change because we don’t emit CO2. It’s polluting, but there’s no CO2.’

“Here’s the issue: Nuclear power right now is six percent of [the electric] energy of the world. There are only 400 nuclear power plants. These are old nuclear power plants. But our scientists tell us [that] to have a minimum impact on climate change—which is the whole rationale for bringing this technology back—nuclear would have to be 20 percent of the energy mix to have the minimum, minimum impact on climate change—not six percent of the mix.

“That means we’d have to replace the existing 400 nuclear plants and build 1,600 additional plants. Three nuclear plants have to be built every 30 days for 40 years to get to 20 percent, and by that time climate change will have run its course for us. So I think, from a business point of view, I just don’t see that investment. I’d be surprised if we replace 100 of the 400 existing nuclear plants which would take us down to 1 or 2 percent of the energy [mix].

“Number 2: We still don’t know how to recycle the nuclear waste and we’re 70 years in. We have good engineers in the United States. We spent 18 years and $8 billion building an underground vault in Yucca Mountain to store the waste for 10,000 years, but we can’t use it. It’s already no good because there are cracks in the mountain. But any geologist could have told them we live on tectonic plates and you can’t keep underground vaults secure.

“Number 3: We run into uranium deficits according to the IAEA [International Atomic Energy Agency] between 2025 and 2035 with just the existing 400 plants. So that means the price goes up.

“Number 4: We could do what the French generation of new plants is doing and recycle the uranium to plutonium. But then we have plutonium all over the world in an age of uncertainty and terrorism.

“Finally, and this is the big one that people don’t realize: We don’t have the water. Over 40 percent of all the fresh water consumed in France each year goes to cooling the nuclear reactors. It’s almost 50 percent now. When it comes back [when reactor cooling water is returned to the lakes and rivers] it’s heated and it’s dehydrating our ecosystems, and threatening our agriculture. We don’t have the water, and this is true all over the world. We have saltwater nuclear plants but then you have to put them on coastal regions and you risk a Fukushima because of tsunamis….

“So it’s no accident Siemens [Corporation] is out, Germany is out, Italy is out, Japan is now out… [and since Rifkin spoke, Spain and Belgium too are out.] I’d be surprised if nuclear has much of a life left. I don’t think it’s a good business deal.”

Rifkin is not alone in this assessment. William Von Hoene, Senior Vice President of Exelon Corp., said last April 16 at the annual US Energy Association’s meeting, “I don’t think we’re building any more nuclear plants in the United States,” Platts reported. “I don’t think it’s ever going to happen,” Von Hoene said. “I’m not arguing for the construction of new nuclear plants. They are too expensive to construct.”

—For a fact sheet on industry leaders who say nuclear power is over, see: http://nukewatchinfo. org/wp-content/uploads/2016/09/Why-No-NuclearRevival-Full-Fact-Sheet.pdf.

Filed Under: Newsletter Archives, Nuclear Power, Quarterly Newsletter, Renewable Energy

February 13, 2019 by Nukewatch Leave a Comment

Nuclear Power Can’t Survive, Much Less Slow Climate Disruption

By John LaForge
French protestors march against water-wasting reactors. The placard reads: “Nucleocrats, stop your shenanigans, we are scared!”
Donald Trump: “America will never be a socialist country.”

Too late. We already have socialism for the rich, with the nuclear power industry as a prime example.

On a level playing field, nuclear power would go bust. Those owners get financial supports or subsidies that safe renewables like solar power, geothermal, and wind power don’t get. Two particularly large government handouts keep the reactor business afloat, and without them it would crash overnight.

1) In a free market, the US Price Anderson Act would be repealed. The act provides limited liability insurance to reactor operators in the event of a loss-of-coolant, or other radiation catastrophe. The nuclear industry would have to get insurance on the open market like all other industrial operations. This would break their bank, since major insurers would only sell such a policy at astronomical rates, if at all.

2) The US Nuclear Waste Policy Act (NWPA) would also be repealed. NWPA is the government’s pledge to take custody of and assume liability for the industry’s radioactive waste. Without NWPA the industry would have to pay to contain, isolate and manage its waste for the 1-million-year danger period. The long-term cost would zero the industry’s portfolio in a quick “correction.”

Jeremy Rifkin: “From a business perspective, it’s over”

Even if the industry retained the above two subsidies, economists say the reactor business is finished. Jeremy Rifkin — the renowned economic and social theorist, author, political advisor to the European Union and heads-of-state, and author of 20 books — was asked his view of nuclear power at a Wermuth Asset Management global investors’ conference.

Rifkin answered:

“Frankly, I think … it’s over. Let me explain why from a business perspective. Nuclear power was pretty well dead-in-the-water in the 1980s, after Three Mile Island and Chernobyl. It had a come-back. The come-back was the industry saying: ‘We are part of the solution for climate change because we don’t emit CO2. It’s polluting, but there’s no CO2.’

“Here’s the issue: Nuclear power right now is six percent of energy of the world. There are only 400 nuclear power plants. These are old nuclear power plants. But our scientists tell us [that] to have a minimum impact on climate change — which is the whole rationale for bringing this technology back — nuclear would have to be 20 percent of the energy mix to have the minimum, minimum impact on climate change — not six percent of the mix.

“That means we’d have to replace the existing 400 nuclear plants and build 1,600 additional plants. Three nuclear plants have to be built every 30 days for 40 years to get to 20 percent, and by that time climate change will have run its course for us. So I think, from a business point of view, I just don’t see that investment. I’d be surprised if we replace 100 of the 400 existing nuclear plants which would take us down to 1 or 2 percent of the energy [mix].

“Number 2: We still don’t know how to recycle the nuclear waste and we’re 70 years in. We have good engineers in the United States. We spent 18 years and $8 billion building an underground vault in Yucca Mountain to store the waste for 10,000 years, but we can’t use it. It’s already no good because there are cracks in the mountain. But any geologist could have told them we live on tectonic plates and you can’t keep underground vaults secure.

“Number 3:  We run into uranium deficits according to the IAEA [International Atomic Energy Agency] between 2025 and 2035 with just the existing 400 plants. So that means the price goes up.

“Number 4: We could do what the French generation of new plants is doing and recycle the uranium to plutonium. But then we have plutonium all over the world in an age of uncertainty and terrorism.

“Finally, and this is the big one that people don’t realize: We don’t have the water. Over 40 percent of all the fresh water consumed in France each year goes to cooling the nuclear reactors. It’s almost 50 percent now. When it comes back [when reactor cooling water is returned to the lakes and rivers] it’s heated and it’s dehydrating our ecosystems, and threatening our agriculture. We don’t have the water, and this is true all over the world. We have saltwater nuclear plants but then you have to put them on coastal regions and you risk a Fukushima because of tsunamis….

“So it’s no accident Siemens [Corporation] is out [of reactor business], Germany is out, Italy is out, Japan is now out… I’d be surprised if nuclear has much of a life left. I don’t think it’s a good business deal.”

Rifkin is not alone in his assessment. William Von Hoene, Senior Vice President of Exelon Corp., said last April 16 at the annual US Energy Association’s meeting, “I don’t think we’re building any more nuclear plants in the United States,” Platts reported. “I don’t think it’s ever going to happen,” Von Hoene said. “I’m not arguing for the construction of new nuclear plants. They are too expensive to construct.”

Filed Under: Chernobyl, Fukushima, Nuclear Power, Radioactive Waste, Renewable Energy, Weekly Column

December 31, 2018 by Nukewatch Leave a Comment

Energy Report: How Does Nuclear Survive?

World Nuclear Industry Status Report asks: Is Nuclear Power a Strategic Asset, liability, or Irrelevant?

By Kelly Lundeen

Nukewatch Quarterly Winter 2018-19

Global nuclear power generation increased 1% in 2017, compared to a 35% increase in solar, and a 17% increase in wind power, according to the 2018 World Nuclear Industry Status Report. Total investment in new nuclear for 2017 was $16 billion, but the total invested in wind and solar energy was $260 billion. Globally, renewables provide 19% of total installed electric generating capacity.

Without China’s steep increases in nuclear power generation, nuclear generation would have declined worldwide for the third year in a row. Nuclear made up 10.5% of electric generation worldwide, down from its peak of 17.5% in 1996. Lead author Mycle Schneider said the report shows that nuclear power is “a threatened species.”

The Danish firm Ørsted, after conducting the largest global survey of public opinion about a transition to renewable energy, found “82% believe it is important to create a world fully powered by renewable energy” that does not include nuclear.

Do nuclear weapons need nuclear power?

Considering the inability of nuclear to compete in the market (illustrated by bankruptcies at Westinghouse and Areva), a decrease in investment in nuclear, and the international preference for renewables, why do some countries continue to pour money into new reactors and into license extensions for old ones? The World Nuclear Industry Status Report asked this question for the first time.

The largest investments in nuclear power come from states with nuclear weapons programs, not from private industry.

A leaked June 2018 US Department of Energy memorandum admits what many have suspected. “The entire US enterprise—weapons, naval propulsion, non-proliferation, enrichment, fuel services, and negotiations with international partners—depends on a robust civilian nuclear industry. Without a strong domestic nuclear power industry, the US will not only lose the energy security and grid resilience benefits, but it will also lose its workforce technical expertise, supply chain, and position of clean energy leadership.”

Victor Gilinsky, a former member of the Nuclear Regulatory Commission (NRC) condemned the memo, writing, “For years, the nuclear industry insisted that civilian nuclear power had nothing to do with weapons programs… Now, in a desperate attempt to keep no-longer-competitive nuclear [reactors] from being shuttered, the industry claims there really has been a connection all along…. The whole point of the body of the [Energy Secretary, Rick] Perry letter is that there is a close connection between US nuclear power and our nuclear weapons programs.”

As states choose whether to invest in renewables or nuclear, they should take a lesson from the market.

—Green Citizens’ Action Alliance, Nov. 15, 2018; World Nuclear Industry Status Report, Sept. 4, 2018; The National Interest, Aug. 8, 2018; Letter to Secretary Rick Perry, Jun. 26, 2018; E & E News, Jun. 6, 2018; Ørsted, 2017

Filed Under: Newsletter Archives, Nuclear Power, Nuclear Weapons, On The Bright Side, Quarterly Newsletter, Renewable Energy

October 11, 2018 by Nukewatch 3 Comments

The Climate’s Already Too Hot for Nuclear Power

Fall Quarterly 2018
The single nuclear reactor Ft. Calhoun station near Omaha, Nebraska was inundated by Missouri River flooding in June 2011. Missouri floodwaters also threatened the Cooper reactor in Brownville, Nebraska, which narrowly escaped a shutdown. Ft. Calhoun was permanently closed in 2016, but still “stores” 600,000 to 800,000 pounds (300 to 400 tons) of high level radioactive waste fuel in the floodplain.
By John LaForge, Nukewatch

With the summer’s record high temp’s all over the world, Andy Rowell asked this pointed question in Oil Change International: “For the last decade the nuclear industry has been telling us it is the solution to climate change. But if their reactors can’t work in our rapidly warming world, are we just building a whole new generation of expensive white elephants?”

Indeed, Reuters reported Aug. 4 that Electricity de France (EDF) in Paris shut down four nuclear reactors at three sites due to the heat summer wave. EDF, the mostly government-owned utility, ordered the shut downs because the scorching summer heat that slammed Europe drastically raised temperatures in the Rhone and Rhine Rivers. Temperatures reached 98.6°F in the Rhone valley, home to 14 reactors. Highs in Spain and Portugal in early August hovered around 104°F and reached 116.6°F.

The warming of seawater caused by Europe’s heat wave forced Finland’s two Loviisa reactors, about 65 miles outside Helsinki, to reduce power in July, just as it did before, in 2010 and 2011, Reuters reported.

The July 2006 heat wave also forced European reactor operators to reduce or halt production due to dramatic increases in the temperature of river waters. The Guardian reported back then that Spain shut down its reactor on the River Ebro. Reactor operators in Germany also cut output then, and several German and French units were allowed to temporarily violate temperature limits on the hot water the reactors return to rivers.

Nuclear reactors exacerbate global warming

In 2003, temperatures in French rivers reached record highs that also forced the temporary powering down of four reactors. France’s nuclear oversight authority then gave some reactor operators permission to return the river water at temperatures not normally allowed, a move that critics said would endanger fish and add to global warming.

Meanwhile, rising sea levels threaten to shutter one-out-of-four of the world’s 460 power reactors currently built on coastlines. John Vidal reports in the Aug. 21 edition of Hakai magazine that experts have warned that even newly built seawalls may not provide sufficient protection. Vidal interviewed Pete Roche, a former adviser to the UK government and Greenpeace, who pointed out that the seawall at the $25-billion “Hinkley Point C” nuclear station being built in southwest England “does not adequately take into account sea-level rise due to climate change.”

“In fact,” Vidal reports, research by Ensia — a nonprofit environmental magazine published at the University of Minnesota — suggests that “at least 100 US, European, and Asian nuclear power stations built just a few meters above sea level could be threatened by serious flooding caused by accelerating sea-level rise and more frequent storm surges.”

The two St. Lucie reactors in Florida are among the US coastal nuclear sites considered most vulnerable to storm surges. While no US reactors have been “in imminent danger of a meltdown because of a storm surge,” Vidal notes, there have been many close calls. “Three US reactors were temporarily shut down because of Hurricane Sandy in 2012 and a fourth, Oyster Creek in New Jersey, was put on alert when water levels rose dramatically, according to the US Nuclear Regulatory Commission.”

But the NRC is not concerned about storm surges. In August 2017, as Hurricane Harvey pummeled east Texas, environmental groups called for the immediate shutdown of the two South Texas Project reactors near Bay City. Instead, the twin, 42-year-old behemoths were kept running at full capacity throughout the disaster, the wettest tropical cyclone on record in the United States.

 

Filed Under: Environment, Newsletter Archives, Nuclear Power, Quarterly Newsletter, Radioactive Waste, Renewable Energy, Weekly Column

July 11, 2018 by Nukewatch Leave a Comment

On the Bright Side

Summer Quarterly 2018
England’s and Germany’s Renewables Producing More than Nuclear

In the first quarter of 2018, England’s wind industry produced a record 15,560 gigawatt-hours (GWh) of electricity, surpassing nuclear production for the first time (by 30 GWh). Germany also hit a milestone by providing 100 percent of its electric power consumption with renewable energy for one hour on New Year’s Day, and two years ahead of schedule, Germany reached its (2020) target of increasing renewable’s share of power production to 36%.

German Reactor Phase-out: Ten Down, Seven to Go

Germany’s phase-out of nuclear power is moving ahead. The Dec. 31, 2017 shutdown of the Grundremmingen Unit B reactor was the 10th out of a total of 17 that will be retired with the last seven to power down by 2022. Grundremmingen and its still-operating twin Unit C are General Electric Mark I models identical to the three destroyed Fukushima-Daiichi reactors in Japan. Unit A shutdown in 1975.

Six More US Reactors Shutting Down

In its article “The 60-Year Downfall of Nuclear Power in the US Has Left a Huge Mess,” The Atlantic reported May 28: “Oyster Creek in New Jersey disconnects from the grid [this coming] October with 11 years left on its license. Indian Point in New York State is to shut by 2021 due to falling revenues and rising costs. In California, Diablo Canyon is being closed by state regulators in 2025. The reactor at Three Mile Island in Pennsylvania that survived the 1979 accident will finally shut in 2019.” FirstEnergy Solutions has filed deactivation notices for three of its nuclear stations putting them on track for retirement: Davis-Besse and Perry in Ohio, in 2020 and 2021 respectively, and Beaver Valley in Shippingport, Penn. in 2021. However, such notices are often just a tactic used to garner sympathy from lawmakers who have secured taxpayer bailouts for the money-losing reactors.

Investments in Solar Power Outstrip Coal, Nuclear and Gas Combined

According to a new report from the United Nations Environment Program, more money was invested in photovoltaic or solar power in 2017 than in coal, gas and nuclear power combined. In addition, the world’s solar power capacity exceeded nuclear capacity for the first time—reaching 402 gigawatts, compared to 353 GW of nuclear. Electricity from wind power, which far exceeds solar/photovoltaic generation,  outstripped nuclear powered electricity back in 2014, and by the end of 2017 amounted to 539 GW.

California’s New Houses Must Have Solar Electric, Hawaii’s Solar Hot Water

California is set to become the first state to require solar panels on all newly built single-family houses. The mandate is expected to save buyers money in the long run but also raise their upfront costs. The rules were adopted May 8 by state’s Energy Commission and are scheduled to take effect in 2020. The Commission said it expects the solar power initiative to reduce greenhouse gas emissions by 1.4 million metric tons in the first three years. Back in 2008, Hawaii became the first US state to impose energy-saving rules in new house construction requiring them to have solar water heaters starting in 2010. Solar water heaters typically cost home buyers about $5,000 extra on their mortgage, but supporters said that island residents would save thousands of dollars on their electric bills in the long run.

Filed Under: Environment, Newsletter Archives, Nuclear Power, On The Bright Side, Quarterly Newsletter, Renewable Energy

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