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Why incompetent people think they're amazing - David Dunning
December 8, Nuclear power is necessary in order to decarbonize the energy system. As the ongoing climate summit in Paris has moved from rosy exhortations by world leaders to the gritty, behind-closed-doors business of crafting an international agreement on limiting emissions of greenhouse gases, one theme has emerged: As of late a total of 66 reactors are under construction worldwide, the highest number in 25 years. There are civilian nuclear reactors operating worldwide, according to the World Nuclear Association. Unfortunately, in the U. While there are now five reactors under construction, a number of plants have shut down or been designated for closure, including at least three scheduled for shutdown in the next five years. The average age of the U. According to the Nuclear Energy Institute , a dozen plants, with a combined capacity of 12, megawatts, are scheduled for shutdown between now and If those plants go offline it would mean the emission of an additional That number includes the James A. FitzPatrick nuclear plant, on the shore of Lake Ontario, which its operator Entergy said last week will shut down by early Most of the nuclear plants now generating power in the U. Eighty reactors many plants comprise more than one reactor have already had their licenses renewed, and many of the remaining ones are likely to come up for renewal in the next decade. Operating aging nuclear plants far beyond their original design lifetimes raises the specter of system failures, leaks, and accidents. The ruling cleared the way for companies to apply for a second renewal of operating licenses under the existing regulatory scheme. Nuclear reactors and the plants that house them are subject to a number of unique forms of wear and tear, including the embrittlement of the reactor vessel from neutron bombardment over many years. Pushing these plants into their seventh and eighth decades is uncharted territory. Acknowledging these issues, the NRC will issue the latest edition of its report exploring the technical issues associated with aging reactors, the Generic Aging Lessons Learned Report , at the end of the year. The renewal was subsequently approved. While there are significant unknowns around extending the lives of nuclear plants built in the s and s, most people in the industry believe that the reactors can operate safely for 80 years. Cheap natural gas and flattening demand for electricity have combined to make older nuclear plants relatively uneconomical. Although the price of uranium fuel is relatively low, and nuclear plants are comparatively inexpensive to operate according to the Institute for Energy Research , the levelized cost of electricity from existing nuclear plants is lower, on a per-megawatt-hour basis, than that from combined-cycle natural gas plants , flagging demand, high maintenance costs, and competition from cheap natural gas are all combining to make it less attractive to utilities to keep older nuclear plants running. Entergy, for example, is closing the FitzPatrick plant not because of technical issues but because the plant loses money: Entergy has already announced the closing of two other money-losing plants in New England.
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