Finance-focused COP29 meeting begins, push for nuclear continues
As COP29 kicked off November 11, industry advocates worldwide are hoping to draw attention and increase buy-in to the need for more nuclear capacity.
As COP29 kicked off November 11, industry advocates worldwide are hoping to draw attention and increase buy-in to the need for more nuclear capacity.
Seventy years ago to the day, President Dwight D. Eisenhower gave his historic address to the United Nations General Assembly in New York City. (See December 2023 Nuclear News's “Leaders” column to read the reflections of Kathryn Huff, the Department of Energy’s assistant secretary for nuclear energy, on the speech’s anniversary.)
President Dwight D. Eisenhower delivered his “Atoms for Peace” speech to the United Nations General Assembly in December 1953. In this historic address, he invoked the existential threat of nuclear weapons proliferation and the potential horror of nuclear war to muster the diplomatic energy of the United Nations toward establishing peaceful uses for the atom. The speech launched domestic and international initiatives, including the International Atomic Energy Agency, that would underpin decades of robust, peaceful nuclear power commercialization and expansion.
This month, as we celebrate the 70th anniversary of that speech, we celebrate Eisenhower’s prescience in suggesting that “experts would be mobilized to apply atomic energy to the needs of agriculture, medicine, and other peaceful activities” and “to provide abundant electrical energy in the power-starved areas of the world.” Mobilizing American experts, of course, would mean refocusing the work of the national laboratories toward peaceful uses of the atom and repurposing the vast weapons complex investments of the 1940s toward more peaceful ends.
For years the U.S. nuclear industry has done an outstanding job keeping plant availability high while simultaneously continuing to improve safety and economics. With capacity factors averaging more than 90 percent, you would think that no one would shut down an operational nuclear power plant. But that is what we have seen in a number of cases. Fortunately, this now seems to be changing. As I write this column, Diablo Canyon’s new life extension application has just been submitted to the Nuclear Regulatory Commission for review, and the Department of Energy’s program to support continued operation of nuclear power plants is providing hope that current plants will continue to have the opportunity to demonstrate their operational excellence.
How did we get here? When I ask this question—both of myself and the industry as a whole—I envision this as two sides of the same coin. Through the efforts of many we have improved our financial and economic viability, but challenges remain because the full value proposition of nuclear energy has not been realized.
Nuclear energy is no longer on the fringes of the international climate conversation. At COP27, the United Nations climate change conference held in Sharm el-Sheikh, Egypt, from November 6 to 18, pronuclear advocates were everywhere—and they were talking to everyone. They populated the International Atomic Energy Agency’s #Atoms4Climate pavilion, the first-ever nuclear pavilion in the 27-year history of the negotiations. Echoing such strong representation, the final statement issued by the conference used language that included nuclear power.
The American Nuclear Society is hosting the side event panel "Advanced Nuclear Reactors: A Possible Solution to Global Warming and Global Energy Poverty" at the Global Clean Energy Action Forum’s Clean Energy Ministerial (CEM) . The event will be held at the David L. Lawrence Convention Center in Pittsburgh, Pa., on Thursday, September 22, from 1:45 to 2:45 p.m. EDT.
The event is open to all CEM participants.
This past October, the House Select Committee on the Climate Crisis held a hearing titled “Good for Business: Private Sector Perspectives on Climate Action.” The hearing reviewed perspectives on the importance of the government’s investments in climate action and how these investments would contribute to job creation and economic growth. Those testifying included the founder of a solar energy company, the head of communications and policy for a popular outdoors clothing company, a former deputy energy secretary for the Department of Energy, and an executive from an insurance company.
While the solar company founder and the communications head spoke out against nuclear energy, the former deputy energy secretary, during testimony, was in favor of it. The insurance executive, David Edsey, also talked in support of nuclear during the committee’s Q&A session after testimony.
On behalf of over 10,000 nuclear engineers, scientists, and technologists, the American Nuclear Society urges COP 26 delegates to insist that any agreement arising from COP26 include a strong role for nuclear technology in achieving carbon reduction targets.
Deep decarbonization and electrification of the global economy will require the increased availability of firm, “dispatchable” zero-carbon energy technologies. Nuclear energy is the only energy source with a proven track record of producing firm, zero-carbon energy at the scale needed to meet global goals. Indeed, it’s increasingly clear that achieving net-zero worldwide carbon emissions is simply not feasible without a significant expansion of carbon-free nuclear energy worldwide.
On behalf of over 10,000 nuclear engineers, scientists, and technologists, the American Nuclear Society urges COP 26 delegates to insist that any agreement arising from COP26 include a strong role for nuclear technology in achieving carbon reduction targets.
Along with many other media outlets on March 11, the PBS NewsHour reported on the continuing recovery efforts from the earthquake and tsunami that devastated northeastern Japan 10 years ago. The segment, "Japan marks 10th anniversary of Fukushima nuclear disaster," is just over eight minutes long, most of which discusses the effects of the earthquake and tsunami on the region and Japan’s preparedness for the next major natural incident.
In a story published last week, the International Atomic Energy Agency described a partnership with the Food and Agriculture Organization of the United Nations working with local experts in Pakistan to develop and introduce new varieties of cotton that are more resilient and better adapted to the increasingly negative effects of climate change. The new varieties are developed through mutation breeding techniques, wherein seeds, cuttings, or tissue-culture material is exposed to radiation or other mutagen sources, like an X-ray or gamma ray source.