How do you deal with the fact that wind electricity is competitive with fossil fuel and
nuclear electricity NOW and is still coming down?
Not exact matches
Four or five decades from
now, physicists say,
nuclear fusion may provide nearly limitless cheap, clean
electricity.
Shocks to ratepayers In fact, Japan's
electricity prices are
now among the highest in Asia, a condition created partly by high - priced renewables, but also by its heavy reliance on imported energy fuels following the closure of its
nuclear plants, which provided 26 percent of the country's power before 2011.
Right
now, America gets about one - fifth of our
electricity from
nuclear energy.
An Energy Department review of geothermal sources last year said we might be able to generate as much
electricity by 2050 that way as is
now produced with
nuclear plants.
-- Micropower — the Economist's term for renewables, less big hydro, plus cogeneration —
now produces one - fourth of the world's
electricity (> 2x
nuclear output); see RMI's July 2014 Micropower Database update for details.
In China,
electricity from wind farms
now exceeds that from
nuclear power plants.
With
nuclear providing always - on
electricity that will become more cost - effective if a price is placed on heat - trapping carbon dioxide emissions, utilities have found it is
now viable to replace turbines or lids that have been worn down by radiation exposure or wear.
Perhaps most significant, hydrogen - powered
electricity is
now competitive with
nuclear, LNG and coal in carbon and risk - adjusted terms (ie against
nuclear).
The lifecycle cost of
electricity from new
nuclear plants is
now $ 148 per megawatt - hour, or 14.8 cents per kilowatt, while it is 5 c / kwh for utility scale solar and 4.5 c / kwh for wind.
• Kyoto Protocol • EU ETS • Australian CO2 tax and ETS • Mandating and heavily subsidising ($ / TWh delivered) renewable energy • Masses of inappropriate regulations that have inhibited the development of
nuclear power, made it perhaps five times more expensive
now than it should be, slowed its development, slowed its roll out, caused global CO2 emissions to be 10 % to 20 % higher
now than they would otherwise have been, meaning we are on a much slower trajectory to reduce emissions than we would be and, most importantly, we are locked in to fossil fuel
electricity generation that causes 10 to 100 times more fatalities per TWh than would be the case if we allowed
nuclear to develop (or perhaps 1000 times according to this: http://nextbigfuture.com/2011/03/deaths-per-twh-by-energy-source.html • Making building regulations that effectively prevent people from selling, refurbishing or updating their houses if they are close to sea level (the damage to property values and to property owners» life savings is enormous as many examples in Australia are already demonstrating.
If they had never been imposed, the cost of
nuclear could
now be around 10 % of what it is, 66 % of
electricity generation globally could be from
nuclear and 9.5 million fatalities from genuine pollution could have been avoided.
Consequently, there are
now 17
nuclear power stations around the earthquake - prone Japanese archipelago, comprising 54
nuclear reactors that provide 30 percent of Japan's total
electricity generating capacity.
But
now cheap gas is also driving
nuclear plants out of competitive energy markets, and some
nuclear plants licensed to operate for several more decades could close before 2020, taking their low - carbon
electricity with them.
Finally, there is the very unstable
electricity output:
nuclear reactors are fairly often being serviced, especially since most of them are quite old
now, and no
electricity is produced during these service periods.
Lovins said that micropower (i.e. distributed energy generation)
now accounts for one - sixth of world power, surpassing
nuclear as a source of
electricity for the first time in 2006.
France is happy because it can flog its
nuclear to suckers like Spain (France
now the world's biggest
electricity retailer) and it wins in any carbon trade offs.
British Council, British Petroleum, Broom's Barn Sugar Beet Research Centre, Central
Electricity Generating Board, Centre for Environment, Fisheries and Aquaculture Science (CEFAS), Commercial Union, Commission of European CommunitiesCEC, often referred to
now as EU), Council for the Central Laboratory of the Research Councils (CCLRC), Department of Energy, Department of the Environment (DETR,
now DEFRA), Department of Health, Department of Trade and Industry (DTI), Eastern
Electricity, Engineering and Physical Sciences Research Council (EPSRC), Environment Agency, Forestry Commission, Greenpeace International, International Institute of Environmental Development (IIED), Irish
Electricity Supply Board, KFA Germany, Leverhulme Trust, Ministry of Agriculture, Fisheries and Food (MAFF), National Power, National Rivers Authority, Natural Environmental Research Council (NERC), Norwich Union,
Nuclear Installations Inspectorate, Overseas Development Administration (ODA), Reinsurance Underwriters and Syndicates, Royal Society, Scientific Consultants, Science and Engineering Research Council (SERC), Scottish and Northern Ireland Forum for Environmental Research, Shell, Stockholm Environment Agency, Sultanate of Oman, Tate and Lyle, UK Met.
Low cost natural gas is in demand and has been replacing coal and
nuclear power in
electricity markets in New England, which is
now over 50 percent dependent on natural gas.
The IESO has ensured that Ontario's
electricity needs can be met
now and into the future by contracting for energy from diverse resources such as wind, solar, hydro, bioenergy,
nuclear and natural gas.
For example, if
nuclear power had not been blocked by the greenies, Eco NGOs, «Progressives» in 1993, Australia's CO2 emissions from
electricity generation could be half what they are
now.
Many countries have
now liberalized the
electricity market where these risks, and the risk of cheaper competitors emerging before capital costs are recovered, are borne by plant suppliers and operators rather than consumers, which leads to a significantly different evaluation of the economics of new
nuclear power plants.
With its
nuclear power reactors in the process of being shut down by government decree (done in a hysterical state of mind in the wake of Fukushima), Germany
now needs to find an alternative supply for
electricity, and real soon.
Despite Connecticut's successes, the state is
now at risk of losing its lone
nuclear plant, which currently supplies over half of Connecticut's
electricity consumption and provides 96 percent of the state's zero - carbon
electricity.
Many of the three billion people who do not have
electricity would
now have had it, saving many additional fatalities per year (not included in the number I gave previously which was only for replacing coal generation with
nuclear generation).
If
nuclear power replaced coal fired
electricity generation overnight throughout the world, it would avoid over 1 million fatalities per year
now, and over 2 million per year in 2050.
We'd
now be at perhaps 30 % of global
electricity generated by
nuclear power.
Dominion, which provides
electricity to a majority of Virginia, including virtually all of Hampton Roads, will continue to study ways to diversify its portfolio of power sources, which
now relies mostly on
nuclear, coal and natural gas, he said.
Even the most aggressive and optimistic scenarios for a «
nuclear renaissance» that the
nuclear industry itself has put forward would, at most, keep
nuclear power's share of global
electricity generation about where it is
now.
Unless CSP becomes a lot cheaper I see most
electricity generated by wind with possibly some
nuclear and NG and hydro providing peak demand (as it does
now).
It
now looks like solar PV in the UK produced just 66 GWh of
electricity in 2009 — less than a thousandth of what the
nuclear energy sector did, with fewer people.