Nuclear, Low-Carbon Platform Solutions To Climate Change - G8

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Published at: online.wsj.com

Nuclear will delay climate changes

June 17, 2009

Analysis by: GLG Expert Contributor

Nuclear power generation do not generate green gases Increased electric power generation will facilitate the transition to electric cars and massive public transportation   Nuclear plant combined with more efficient steam generation will give the extra time to develop new and more sophisticated technologies

THE ELEPHANT IN THE ROOM

June 4, 2009

Analysis by: GLG Expert Contributor

The subject that few are talking about is the aging of the nuclear power fleet world wide. In the US the 104 plants averge age is over 35 years and is in the process of repermitting what may be the final phase of their economic life. The French Atomic Energy Agency says that this is a world wide problem. The US will need to replace its fleet over the next 30 years and will need another 104 units to meet forecasted demand. World wide this amounts to a 900 million ton coal equivalent loss of generation capacity.

Nuclear is the Answer!

June 1, 2009

Analysis by: GLG Expert Contributor

The G8 has come to the realization that nuclear energy and mitigation of the expected undesired aspects of climate change are not mutually exclusive.  More than 70% of the electricity requirement in France is produced by nuclear power.  The benefits are significant in that France is much less dependent on the importation of petroleum and that issues with carbon dioxide are much less severe than elsewhere.

low carbon nuclear platform

June 1, 2009

Analysis by: GLG Expert Contributor

Trading ranges of fissile and historical prices Nuclear plant carbon signature Decommissioning and environmental implications

Global nuclear power growth is real and climate change is a huge driver

May 28, 2009

Analysis by: GLG Expert Contributor

As a key consultant to global nuclear power utilities and suppliers, I track trends and provide detailed forecasts for nuclear power growth through 2030.  My main findings are: 1) China, India, South Korea, and Russia will lead the way in terms of new reactor construction, with over 50% of all new units built by 2020. 2) The future of U.S. nuclear power depends greatly on a few factors, including climate change policy (i.e. a price on carbon that impacts decision-making for nuclear over coal), ability to finance these large capital-intensive projects, and conducive gov't/regulatory environments.  It is highly likely that 4-6 new units will be built by 2020, and other 10 or so in the years 2020-2030. 3) A number of nations, including many in Eastern Europe, Middle East and Southeast Asia, are likely to push to deploy their first reactors.  These "new nuclear countries" could be as high as 25 by the year 2030.