Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a troubled birth that cost their developers dearly—the most advanced commercial reactor designs from Europe and the United States just delivered their first megawatt-hours of electricity within one day of each other. But their benefits—including safety advances such as the AP1000’s passive cooling and the EPR’s airplane-crash-proof shell—may offer too little, too late to secure future projects.
Palmetto State’s $9-bn Nuclear Boondoggle
“Public trust is at stake here, folks.” That’s how South Carolina’s top power industry regulator described the gravity of local utilities’ decision to walk away from a pair of partially-built nuclear reactors, according to Charleston’s Post and Courier. Public Service Commission chairman Swain Whitfield added that the reactors’ cancellation after $9 billion of investment — more than the state’s annual budget — “is going to shatter lives, hopes and dreams” in South Carolina. South Carolina-based Santee Cooper and SCANA’s abandonment of their pair of new reactors, announced on Monday, also have broader ramifications for the nuclear industry’s self-declared “nuclear renaissance.” The cost overruns and delays afflicting this project and a sister project in Georgia drove the reactor designer and builder Westinghouse Electric Co. into bankruptcy. Cost overruns and political concerns are also squeezing nuclear suppliers from France, South Korea, and Russia. Continue reading “Palmetto State’s $9-bn Nuclear Boondoggle”
Nuclear Shutdowns Put Belgians and Britons on Blackout Alert
A bad year for nuclear power producers has Belgians and Britons shivering more vigorously as summer heat fades into fall. Multiple reactor shutdowns in both countries have heightened concern about the security of power supplies when demand spikes this winter.
In Belgium, rolling blackouts are already part of this winter’s forecast because three of the country’s largest reactors — reactors that normally provide one-quarter of Belgian electricity — are shut down. Continue reading “Nuclear Shutdowns Put Belgians and Britons on Blackout Alert”
Renewables to Dethrone Nuclear Under French Energy Plan
After months of negotiation, the French government has unveiled a long-awaited energy plan that is remarkably true to its election promises. The legislation’s cornerstone is the one-third reduction in the role of nuclear power that President François Hollande proposed on the campaign trail in 2012.
Under the plan, nuclear’s share of the nation’s power generation is to drop from 75 percent to 50 percent by 2025, as renewable energy’s role rises from 15 percent today to 40 percent to make up the difference. That is a dramatic statement for France, which is the world’s second largest generator of nuclear energy, after the United States. France has a globally-competitive nuclear industry led by state-owned utility Electricité de France (EDF) and nuclear technology and services giant Areva. Continue reading “Renewables to Dethrone Nuclear Under French Energy Plan”
EC Sees Heavy Pricetag to UK Nukes Plan
Government incentives for a pair of proposed nuclear reactors could cost U.K. taxpayers as much as £17.62 billion, thus exceeding the reactors’ projected cost. The EC figure is a preliminary estimate included in an initial report to London published on Friday by European Commission competition czars. The letter notifies the British government that—as we predicted in December—Brussels is launching a formal investigation to assess whether the subsidies violate European state aid rules.
The preliminary findings suggest that the U.K. and E.C. are on a collision source. As the Financial Times summed it up this weekend: “The severity of [the EC’s] initial concerns will cast a shadow over government hopes to win approval for the deal.”
Tidal Power’s Surprising Comeback
Can a U.K. firm’s novel plant design defuse environmental concerns?
By Peter Fairley
Fifty years ago this July, Électricité de France began sealing off Normandy’s La Rance estuary from the sea. After three years of work, the world’s first large-scale tidal power plant was born. The station operates still, generating up to 240 megawatts of renewable power as the twice-daily tides force water in and out of the estuary through the hydroturbines seated within its 750-meter-long seawall. But the three years of construction were tideless, which devastated La Rance’s ecosystem, killing off nearly all of its marine flora and fauna; it would take another decade for the estuary to bounce back. Due in part to that ecological hangover, La Rance would remain the only tidal station of its scale for nearly five decades …
Excerpted from the July 2013 edition of Spectrum Magazine. Get the full scoop via Spectrum.
Deja Vu as France Plans National EV Charging Network – Again
France’s government launched a working group this week to coordinate installation of a standardized national charging network for plug-in hybrid electric vehicles and battery-powered EVs. Many may be experience deja vu, so to speak, because this would apparently be the second such charging network the country has installed.
President Nicolas Sarkozy has set a goal of seeing 100,000-plus electric-mode vehicles on the road in 2012 and has offered French automakers bailout funding partially tied to development of EVs as summarized by Earth Times. But as French state minister for industry Luc Chatel told French business magazine Usine Nouvelle [French], “Their battery serves no point without the infrastructure to go with it.” Hence the working group struck last week, representing automakers, energy distributors such as state-owned nuclear utility EDF, municipalities and other players, which is to deliver a plan in June.
Continue reading “Deja Vu as France Plans National EV Charging Network – Again”