The U.K. government last week announced the release of its UK Hydrogen Strategy, predicting thousands of jobs and billions of pounds in investment and export opportunities over the coming decades via the creation of a low-carbon hydrogen sector in Britain.

A flourishing, U.K.-wide hydrogen economy could be worth £900 million (about $1.2 billion) and create over 9,000 high-quality jobs by 2030, according to the government, potentially rising to 100,000 jobs and worth up to £13 billion (about $18 billion) by 2050.

Carbon emission reductions from the power sector are likely to flatline after 2025 unless clean energy innovations and net-zero commitments from utilities pick up steam, concludes a report out this month from ClearPath, a conservative, Washington, D.C.–based clean energy nonprofit organization.

Clear Path to a Clean Energy Future: The Role of Utility Commitments on the Path to 2050 is the inaugural edition of a report to be published annually to track power sector trends and model the impacts of new technologies and policies. For the 2021 analysis, the authors engaged the research firm Rhodium Group to model ClearPath-designed scenarios using RHG-NEMS, a version of the National Energy Modeling System developed by the Energy Information Administration.

In the latest step toward its recently stated goal of achieving net-zero carbon emissions by 2030, Newark, N.J.–based Public Service Enterprise Group, owner of the Hope Creek and Salem nuclear plants, has entered into an agreement to sell its 6,750-MW fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII—a fund controlled by ArcLight Capital Partners. (ArcLight Capital is a Boston-based private equity firm, founded in 2001 and focused on energy infrastructure investments.) The $1.92 billion deal, announced by PSEG on August 12, is expected to be completed late in the fourth quarter of 2021 or the first quarter of 2022.

Natural Resources Canada, a department of the Canadian government, and Romania’s energy ministry have signed a memorandum of understanding to strengthen cooperation in the civil nuclear realm, including collaboration on CANDU refurbishments and new-build projects in Romania.

The U.K. government last week issued a “call for evidence” inviting stakeholders to weigh in on its choice of the high-temperature gas reactor for Britain’s £170 million (about $236 million) advanced modular reactor (AMR) demonstration program. The deadline for input on the government’s selection is September 9.

According to the Department for Business, Energy, and Industrial Strategy, the key objective of the AMR program is to demonstrate high-temperature heat production that can be used for low-carbon hydrogen production, process heat (for industrial and domestic use), and cost-competitive electricity generation in time for an AMR to support the government’s commitment to reduce greenhouse gas emissions to net zero by 2050. The target for enabling an AMR demonstration is the early 2030s.

A report released last week by the Nuclear Sector Deal’s Innovation Group sets out a series of recommendations for the United Kingdom to realize the opportunity of zero-carbon hydrogen derived from nuclear energy.

“Sector deals,” according to the British government, are partnerships between industry and government on sector-specific issues to create opportunities to boost productivity, employment, innovation, and skills. The Nuclear Sector Deal, launched in June 2018, was developed by the Nuclear Industry Council.

New Jersey’s Public Service Enterprise Group has announced its intention to achieve net-zero emissions by 2030, shaving two decades off its previously announced target date of 2050. PSEG is owner of the Hope Creek nuclear plant and is co-owner, with Exelon, of the Salem plant.

The Nuclear Innovation Institute (NII) has launched a study on the role of nuclear power in supporting a growing hydrogen economy. The study will be the first of its kind in Canada to evaluate the technical viability and business case for hydrogen production from nuclear power, according to NII, an Ontario, Canada–based nonprofit formed in 2018 to accelerate innovation in the nuclear industry.

Duke Energy has filed a subsequent license renewal (SLR) application with the Nuclear Regulatory Commission for the Oconee nuclear plant reactors, the Charlotte, N.C.–based utility announced on June 21.

The 2021 ANS Annual Meeting brought together three leading chief executive officers from the nuclear industry on June 16 for a discussion centered on the future role of nuclear energy deployment and the challenges of portfolio management during a time of net-zero carbon goals.

The current orthodoxy on climate change—that it is an existential threat to global civilization—was challenged on June 15 during the 2021 ANS Virtual Annual Meeting's President’s Special Session, which featured two prominent dissenters from that view, Michael Shellenberger and Mark P. Mills.

The World Nuclear Association has issued a white paper advising the world’s policymakers and regulators to adopt a science-based, all-hazards risk assessment and management system that holistically evaluates the contributions of different energy sources and sets a level playing field.

The paper, Recalibrating Risk: Putting Nuclear Risk in Context and Perspective, states that disproportionately focusing on the risks posed by radiation can result in the acceptance of other, more significant risks. For example, the WNA says, while air pollution from heavy fossil fuel use worldwide has caused the early demise of millions, severely damaged the environment, and exacerbated climate change, nuclear power is routinely ostracized and its substantial contributions to global decarbonization disregarded.

Three United Kingdom organizations—the Nuclear Industry Association, RenewableUK (formerly the British Wind Energy Association), and Solar Energy UK—are calling for urgent action to build new nuclear, wind, and solar capacity and for a binding target of 100 percent grid decarbonization by 2035.

The United Kingdom was the first of the world’s major economies to embrace a legal obligation to achieve net-zero carbon emissions by 2050.

McCarthy

Despite the discordant, antinuclear note struck by President Biden’s environmental justice panel in a recent report, other administration officials continue to signal support for nuclear energy.

In an interview with the Washington Post last week touting the president’s American Jobs Plan, White House National Climate Advisor Gina McCarthy reiterated her belief that nuclear energy is key to the administration’s stated goal of 100 percent carbon-free electricity by 2035 and net-zero emissions by 2050.

A highly anticipated report released yesterday by the International Energy Agency on how to transition the world to a net-zero energy system by 2050 calls for “nothing less than a complete transformation of how we produce, transport, and consume energy.” At the same time, the report, Net Zero by 2050: A Roadmap for the Global Energy Sector, characterizes its preferred road to net zero as the one “most technically feasible, cost-effective, and socially acceptable.”

That road, while relying primarily on renewable energy, keeps a lane open for nuclear, which, the report says, will make a “significant contribution” and “provide an essential foundation for transitions.”

Achieving global carbon neutrality by 2050—a pledge made by well over 100 countries so far, including Canada, the European Union, Japan, the United Kingdom, and the United States—will require investment in new nuclear capacity and the retention of existing nuclear generation, states an open letter released last Friday by the leaders of six prominent nuclear industry organizations.

The letter was signed by John Gorman, president and chief executive officer of the Canadian Nuclear Association; Yves Desbazeille, director general of FORATOM; Shiro Arai, president of the Japan Atomic Industrial Forum; Maria Korsnick, president and CEO of the Nuclear Energy Institute; John Greatrex, chief executive of the United Kingdom’s Nuclear Industry Association; and Sama Bilbao y León, director general of the World Nuclear Association.

EDF has signed a new membership agreement with the United Kingdom’s Nuclear Advanced Manufacturing Research Centre (AMRC) to drive innovation in low-carbon power generation and support U.K. manufacturers, the University of Sheffield–based center announced recently.

The Biden administration has indicated to lawmakers that it supports federal subsidies for struggling nuclear power plants, Reuters reported this morning, citing sources familiar with the discussions.

The subsidies would be in the form of production tax credits, according to the report, and would likely become part of the president’s $2.3 trillion infrastructure plan.

With a blunt but indisputably accurate headline, an article from yesterday’s New York Times on the imminent closure of Indian Point makes it immediately clear what will happen when Unit 3, the nuclear plant’s last operating reactor, is shut down at the end of this month: The state of New York will be forced to rely more heavily on fossil fuels for electricity generation.

Following the retirement of Indian Point-2 last April, the share of New York’s power coming from gas-fired plants rose to about 40 percent, from about 36 percent in 2019, the piece notes, adding that the share from renewables moved up only slightly, to about 30 percent.

New research indicates that small modular reactors have the potential to deliver cost-effective emission reductions in Canada’s heavy-industry sector. The research was conducted by consulting firms EnviroEconomics and Navius Research, with support from the Canadian Nuclear Association and the Canadian Nuclear Industry SMR Secretariat, along with the CANDU Owners Group.

Researchers explored a variety of cost and technical assumptions for deploying SMRs. Across all scenarios, SMRs delivered low-cost emission reductions, driving down the cost of getting Canada to net zero by 2050—a stated goal of the Trudeau administration. With deployments set to begin as early as 2026, SMRs could be widespread by 2035 as the demand increases rapidly for reductions in the industrial sector, according to the researchers.