PNNL

Abstract

Is it time for a nuclear energy renaissance? Among other things, nuclear power is a carbon neutral source of base load power. With the growth in energy use expected over the next 20 years and the growing negative impacts of global climate changes, the cost of oil and gas, energy security and diversity concerns, and progress on advanced reactor designs, it may be the right time for nuclear power to enter a new age of growth. Asia and Russia are both planning for a nuclear renaissance. In Europe, Finland and France have both taken steps to pursue new nuclear reactors. U.S. utilities are preparing for orders of new reactors; one submitted a request to the U.S. Nuclear Regulatory Commission (NRC) to review its request to construct a new reactor on an existing site. What has the industry been doing since nuclear energy was birthed in the 1960s? In those days a bold new industry boasted that nuclear power in the United States was going to be “too cheap to meter”, but as we all know this did not come about for many reasons. Eventually, it became clear that industry had neglected to do its homework. Critiques of the industry were made on safety, security, environment, economic competitiveness (without government support), and nonproliferation. All of these factors need to be effectively addressed to promote the confidence and support of the public – without which a nuclear power program is not feasible.