“The new 20 percent enrichment target was set by Iran’s parliament last month in response to the assassination of the country’s top nuclear scientist, Mohsen Fakhrizadeh. Fakhrizadeh was killed near Tehran on November 27, 2020, in an ambush that Iran has blamed on Israel.
And the same new law that mandates 20 percent enrichment also raises the imminent specter of international nuclear inspectors being expelled from the country: According to the New York Times, Iran has set “a two-month deadline for oil and banking sanctions against Iran to be lifted before inspectors are barred.” Currently, the IAEA says it has “inspectors present in Iran on a 24/7 basis and they have regular access to Fordow.””
“In November 2020, Iran began operating advanced centrifuges at another underground nuclear facility, Natanz, and its nuclear stockpile stood at more than 12 times the limit imposed by the JCPOA.
US President-elect Joe Biden, who will take office on January 20, has indicated that he hopes to rejoin and revive the JCPOA, which was negotiated while he was serving as vice president to President Barack Obama. Some observers see Iran’s enrichment efforts as a way of building negotiating leverage, but it remains to be seen whether recent strides in Iran’s nuclear program could complicate things.”
“Rolling electric power blackouts afflicted roughly 2 million California residents in August as a heat wave gripped the Golden State. At the center of the problem is a state policy requiring that 33 percent of California’s electricity come from renewable sources such as solar and wind power, rising to a goal of 60 percent by 2030. Yet data showed that power demand peaks just before the sun begins to go down, when overheated people turn up their air conditioning in the late afternoon. Meanwhile, the power output from California’s wind farms in August was erratic.
Until this summer, California utilities and grid operators were able to purchase extra electricity from other states. But the August heat wave stretched from Texas to Oregon, so there was little to no surplus energy available.”
“California has been bringing the hammer down on a huge source of safe, reliable, always-on, non-carbon-dioxide-emitting electricity: nuclear power. In 2013, state regulators forced the closing of the San Onofre nuclear power plant, which supplied electricity to 1.4 million households. By 2025, California regulators plan to close the Diablo Canyon nuclear power plant, which can supply electricity to 3 million households.
The problem of climate change, along with the blackouts resulting from the vagaries of wind and solar power, suggests that California should not only keep its nuclear power plants running but also build more innovative reactors designed to flexibly back up variable renewable electricity generation.”
Nuclear Powerin Competitive Electricity Markets Organisation for Economic Co-operation and Development. 2000. https://www.oecd-nea.org/ndd/reports/2000/nea2569-dereg-2.pdf Economics of Nuclear Power World Nuclear Association. 3 2020. https://www.world-nuclear.org/information-library/economic-aspects/economics-of-nuclear-power.aspx Economics of Nuclear Power Plant InvestmentMonte Carlo Simulations of Generation III/III+ Investment Projects Ben Wealer, Simon Bauer, Leonard Goke,
“The U.S. Nuclear Regulatory Commission last week approved a design application for the first domestic small commercial nuclear reactor. These types of reactors are smaller, simpler, cheaper, and feature more advanced safety systems than traditional reactor designs. It has the potential to generate enough electricity to power more than 50,000 homes.
The reactor design was submitted by NuScale Power, an Oregon company that plans to build at least a dozen small reactors by 2030 at a site in eastern Idaho. NuScale has received $288 million from the Department of Energy for the development of modular nuclear reactors, but a complex regulatory system for nuclear power means there’s a long way to go before construction can begin.
Utah Associated Municipal Power Systems—a consortium of 46 public utilities in six western states that plans to work with NuScale on the small reactor project— is now required to submit a combined construction and operating license application, and must complete an environmental analysis in compliance with the National Environmental Policy Act. Utah Associated spokesman LaVarr Webb told the Associated Press that he estimates these applications will likely take two years to prepare.”
“NuScale submitted its 12,000-page application to the U.S Nuclear Regulatory Commission in 2017 and has responded to more than 1,500 formal requests from the commission for more information. There’s a reason that NuScale’s design is the first that the NRC has approved since 2014.
While NuScale is moving forward, NRC regulations seem to be discouraging innovation. Carrie Fosaaen, a licensing specialist at NuScale, told Science Magazine that the NRC regulations, strictly interpreted, would push NuScale towards just building a miniature version of a conventional reactor—rather than being able to incorporate the design improvements that make NuScale’s design safer than conventional reactors.
As more states shift away from generating electricity from fossil fuels, nuclear power should be part of the mix. California’s rolling blackouts show how an increased focus on renewable energy comes with a problematic lack of durability for the power grid. The sun and wind do not care about the demand for electricity. Sometimes the sun doesn’t shine, or there is no wind. Nuclear power, however, produces a consistent amount of electricity that can be dialed up or down to meet demand.”
“Nuclear power provides about 10 percent of the world’s electricity and despite the growth of renewable power in recent years continues to be the world’s largest source of zero-carbon electricity.”
“The biggest problem with nuclear power is not safety but financial cost, specifically the huge up-front expenses associated with building safe reactors. Better regulatory policy could make it easier to reuse the same reactor designs (as in South Korea), but a promising nuclear future is based on innovation and new reactor designs.”