Professional Documents
Culture Documents
H-Holger Rogner
Head, Planning & Economic Studies Section (PESS) Department of Nuclear Energy
IAEA
International Atomic Energy Agency
WIPP
IAEA development that meets the needs of the present without compromising the ability of future generations to meet their own needs
But
High upfront capital costs can be difficult to finance Sensitive to interest rates Long lead times (planning, construction, etc) Long payback periods Regulatory/policy risks Market risks
Bio
Geo Wind
Hydro
Gas Nuclear
Coal CCS
Coal 0 2 4 6 8 10 12 14 16 18 20
Source: NEA/IEA, 2010
IAEA
Billion US$
Biomass
Hydro - small scale Hydro - large scale Solar Thermal Solar PV - stand alone
459 324 935 616
Solar PV
Wind (offshore) Wind (onshore) Gas Coal (CCS)
Coal
Nuclear
IAEA
50
100
150
200
250
300
US$/MWh
O&M 20%
5% Uranium 1% Conversion
Investment 60%
3% Fuel fabrication
IAEA
5% Back-end activities
Source: NEA
70%
60% Uranium
50%
40% 30% 20% 10% 0%
Fuel
O&M Capital
IAEA
Nuclear
Coal
Gas CCGT
US$/MWh
50
40 30 20 10
IAEA
Nuclear
Coal
Gas
5 4 3 2 1 0
CCGT
Coal steam
IGCC
A relatively modest carbon penalty would significantly improve the IAEA ability of nuclear to compete against gas & coal
HIGH
Biomass technologies
Nuclear power
LOW
Wind
IAEA
LOW
HIGH
Source: EU-EUR 20198, 2003
But No final waste repository in operation High toxicity Needs to be isolated for long time periods Potential burden to future generations
IAEA
NATURAL BARRIERS Stable rock around the repository Stable groundwater in the rocks Retention, dispersion and dilution processes in the rock Dispersion and dilution processes in the biosphere
Waste
Container
Buffer or backfill
ENGINEERED BARRIERS Solid waste material Waste containers Buffer and backfill materials Seals Disposal tunnels or caverns
IAEA
IAEA
Source: Areva
Relative radiotoxicity
Time (years)
IAEA
Time lines..
INNOVATION:
Relative radiotoxicity
Spent fuel (Pu + MA + FP)
Time (years)
IAEA
Ash
Gas sweetening Radioactive (HLW)
0.3
0.2 0.1 0 Coal Oil Natural gas
Source: IAEA, 1997
Toxic materials
Wood
Nuclear
Solar PV
IAEA
180 160
Standard deviation Mean
[4]
1 400
[10]
[12]
140
120 100 80 60 40 20
[16]
[8] [13]
[16]
[8]
[15]
[15]
200
lignite
coal
oil
gas
CCS
biomass
storage
Nuclear power: Very low lifetime GHG emissions make IAEA technology a potent climate change mitigation option the
Global CO2 emissions from electricity generation and emissions avoided by hydro, nuclear & renewables
18 16 14
12
10 8 6 4
2
0
1970 IAEA
1975
1980
1985
1990
1995
2000
2005
Perception
Nuclear power is dangerous It can never be made safe Safe is not safe enough Nuclear plants are atomic bombs No public acceptance
Upgrading of older generation reactors & life time extensions Advanced reactor designs with inherent safety features
The impact of these ongoing efforts are:
IAEA
1.6
1.4 1.2 1 0.8 0.6 0.4 0.2 0 1990 1992 1994 1996 1998 2000 2002 2003 2004 2005 2006 2007 2008 2009 2010 (369) (387) (400) (418) (413) (417) (419) (405) (428) (428) (429) (425) (418) (420) (425)
(in brackets) = units reporting
IAEA
Do not drive into the future by looking in the rear view mirror:
Yesterdays technology is not tomorrow's
Innovation ongoing With each new investment cycle technology tends to get better
IAEA
Geopolitical compatibility:
Ideally, energy sources should be evenly distributed geographically, allow for secure supplies and pose no threat to the security of other countries
IAEA
72 000
9 000 300
Identified resources
86
24 000 3 000
10
100
1 000
10 000
100 000
1 000 000
Years
Once through fuel cycles (LWR)
IAEA
Pure fast reactor fuel cycle with U recycling and all actinides
Post Fukushima: Unchanged drivers behind the renaissance in the interest in nuclear power
Global energy demand is set to grow Nuclear power expands supply options Environmental pressures are rising Nuclear power has low life-cycle GHG emissions
Energy supply security back on the political agenda Nuclear power contributes to energy security
Reliable base load electricity at predictable and affordable costs for meeting MDGs Nuclear power offers stable and predictable generation costs based on low resource costs
IAEA
It is readily available at large scale Nuclear power alone is not the silver bullet for mitigating climate change and sustainable energy development but for sure it can be an integral part of any solution
IAEA
All countries use a mix. All are different. Local conditions determine the optimal supply and technology mix. IAEA
IAEA
IAEA