new nuclear power plants need and status l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
New Nuclear Power Plants Need and Status PowerPoint Presentation
Download Presentation
New Nuclear Power Plants Need and Status

Loading in 2 Seconds...

play fullscreen
1 / 16

New Nuclear Power Plants Need and Status - PowerPoint PPT Presentation


  • 311 Views
  • Uploaded on

New Nuclear Power Plants Need and Status ASQ-EED 31 st Energy & Environmental Division Conference September 12, 2004 Adrian Heymer, NEI aph@nei.org , 202-739-8094 Nuclear Power Plants Current Status 103 Operating Units One under major refurbishment

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'New Nuclear Power Plants Need and Status' - Pat_Xavi


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
new nuclear power plants need and status

New Nuclear Power PlantsNeed and Status

ASQ-EED

31st Energy & Environmental Division Conference

September 12, 2004

Adrian Heymer, NEI

aph@nei.org, 202-739-8094

nuclear power plants current status
Nuclear Power PlantsCurrent Status
  • 103 Operating Units
    • One under major refurbishment
    • Average capacity factor ~ 90% over last 4 years
  • 20% of US electricity capacity -- Nuclear
  • 30% US generation is emission-free
    • 70% Nuclear; Hydro 18%; Wind 1%; Solar 0.1%
  • Eliminates ~700 million tons/year of Greenhouse gases
the need for new nuclear
The Need for New Nuclear
  • US needs 300,000+MW of new generation by 2025
  • Increased environmental controls raise siting and cost problems for fossil fuel plants
  • US industry needs low cost energy to sustain global competitiveness
    • A diverse and balanced generating portfolio
    • Non/low-emission base-load generation
    • Greater energy independence
  • Nuclear lowest cost base-load generating option
why no new nuclear for 30 years
Why No New Nuclear for 30 Years?
  • Until mid 90s, anemic operating record
  • Unpredictable licensing & regulatory process
  • Design/Construct-As-You-Go approach
    • Unreliable and prolonged construction
  • Cost of financing large capital intensive projects in competitive market
    • Need for innovative approach to financing
    • Not unique to nuclear
  • Need for certainty in spent fuel disposal
improved approach for licensing new plants
Improved Approach for Licensing New Plants
  • Make licensing process more efficient and performance-based
    • Resolve issues as early as possible
    • Make more information available earlier
    • ITAAC concept
    • One hearing -- opportunity for a second, if acceptance criteria not satisfied
    • Bank sites & pre-approve standard designs
  • Complete design prior to construction
financing new nuclear plants
Financing New Nuclear Plants
  • Significant changes since 1970s
    • Many companies not operating in cost-of-service
  • Wall Street nervous over improved, yet unproven licensing process
  • Large capital projects diminish financial performance metrics
  • Innovative approaches to financing large capital projects
    • Consortium approach
    • Public-Private financial structure for large projects that support essential national infrastructure
    • Loan guarantees, accelerated depreciation, low cost loans,…
public perception
Public Perception
  • Wide ranging policymaker support
    • Congress & current Administration
  • Majority of US public support nuclear power plants (60% vs 36%)
    • Greater among graduates
  • Public support is substantial, but not deep
    • Need for continuing education
    • Existing plants need to maintain high standards of safety performance
new plant status
New Plant Status
  • Three designs certified -- Eight in pipeline
    • LWR & non-LWR designs
  • Three Early Site Permits under review -- 2006
  • Three consortia testing new COL process
    • DOE-industry partnership -- awaiting DOE decision
    • 16 companies involved
    • Industry committed to multi-year project - $650M
    • Trial license applications being developed
    • Decisions to order ~ 2008
    • Start construction 2009-2010
new plant status11
New Plant Status
  • Combined construction and operating license application guideline scheduled to be submitted 12/04 for NRC endorsement in 2005
  • 24 issues linked to new licensing process
      • Most being addressed through the NRC review of the COL application guide
  • NEI Executive Task Force provides oversight of industry issue task forces
  • Interactions with Congress, States & Wall Street
need for continued us global leadership in new nuclear
Need for Continued US Global Leadership in New Nuclear
  • One third of the world has no electricity
  • Estimate 70%+ growth in global demand for electricity over next 20 years
    • If fossil, what’s the impact on the environment & price?
    • If not fossil, then?
  • US is a leader in nuclear power technology
    • If no new nuclear orders in US, technical leadership will be relinquished to Asia, Africa & Europe
generation iv hydrogen
Generation IV & Hydrogen
  • Without Gen III (AP1000 et al) no Gen IV
    • 50% of workforce will retire in the next decade
    • Knowledge retention a major issue
  • Hydrogen – need for pilot plant activities to test & develop infrastructure
    • Hydrogen is where gasoline was in 1890s
  • Huge potential for nuclear energy
  • Long-term need for simplified designs
need for involvement
Need for Involvement
  • Get involved
    • YGN, Dominion, a superb example of nuclear workers advocating, on their own time, the benefits & need for nuclear energy
    • Speak out & attend meetings in your local area
    • Write to your Congressman, Senator and local officials
new nuclear plants
New Nuclear Plants?
  • Yes, if:
    • Prove new licensing process is predictable & stable
    • Establish a financial structure for financing large capital cost projects
    • Nation gets serious about environment
    • Certainty on spent fuel disposal
  • Energy costs, the economy & environmental issues will overcome hard-core opposition
nuclear energy
Nuclear Energy
  • Nuclear power plants are safe
  • US needs a diversified and balanced energy portfolio that provides low-cost and reliable electricity
    • Nuclear energy is an essential element in maintaining US global competitiveness
  • More information at:
    • http://www.nei.org – Public website
    • http://member.nei.org/ -- for NEI members