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Related: About this forumShale gas finds could kill Nuclear in UK
I'll go on record as predicting we'll be regretting this in 20 years.
Nuclear power stations in Canada and the United States are closing because they cannot compete with cheap power being produced from shale gas.
This revolution in the way North America produces its electricity is sending shock waves through the nuclear industry in Europe too. New nuclear build will be spectacularly uneconomic if a fracking industry is successful in the United Kingdom.
http://www.rtcc.org/shale-gas-finds-could-kill-nuclear-in-uk/
This revolution in the way North America produces its electricity is sending shock waves through the nuclear industry in Europe too. New nuclear build will be spectacularly uneconomic if a fracking industry is successful in the United Kingdom.
http://www.rtcc.org/shale-gas-finds-could-kill-nuclear-in-uk/
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Shale gas finds could kill Nuclear in UK (Original Post)
phantom power
Feb 2013
OP
Champion Jack
(5,378 posts)1. Just ask these people what they think of "safe and clean" Shale gas
kristopher
(29,798 posts)2. This was forecast by analysts in 2008, and it has nothing to do with natgas
Citigroup 2008 impact of renewables and energy efficiency
What the market should not take for granted
...<snip>
...we would expect electricity demand growth to be in the 0-1% range for at least the next 5 years, before returning to more normal pace of 1.5-2%. We therefore see scope for an extra 346TWh of electricity that needs to be covered by 2020 vs. 2008 levels.
Should EU countries go half way towards meeting their renewables target of 20% by 2020 that would be an extra ca. 440TWh. Even if EU went only half way, which by all means is a very conservative estimate, that would still be ca.220TWh of additional generation. Under its conservative scenario A forecast, UCTE expects 28GW of net new fossil fuel capacity to be constructed by 2020. On an average load factor of 45% for those plants thats an extra 110TWh.
Therefore under very conservative assumptions on renewables, we can reliably expect an extra 330TWh of electricity to be generated by 2020, leaving a shortfall of 16TWh to be made up by either energy efficiency or new nuclear.
There are currently 10GW of nuclear capacity under construction/development, including the UK proposed plants that should be on operation by 2020. If we assume that energy efficiency will not contribute, that would imply a load factor for the plants of 18%. Looking at the entire available nuclear fleet that would imply a load factor of just 76%. We do believe though that steps towards energy efficiency will also be taken, thus the impact on load factors could be larger.
Under a scenario of the renewables target being fully delivered then the load factor for nuclear would fall to 56%.
(Bold in original)
Citigroup Global Markets European Nuclear Generation 2 December 2008
...<snip>
...we would expect electricity demand growth to be in the 0-1% range for at least the next 5 years, before returning to more normal pace of 1.5-2%. We therefore see scope for an extra 346TWh of electricity that needs to be covered by 2020 vs. 2008 levels.
Should EU countries go half way towards meeting their renewables target of 20% by 2020 that would be an extra ca. 440TWh. Even if EU went only half way, which by all means is a very conservative estimate, that would still be ca.220TWh of additional generation. Under its conservative scenario A forecast, UCTE expects 28GW of net new fossil fuel capacity to be constructed by 2020. On an average load factor of 45% for those plants thats an extra 110TWh.
Therefore under very conservative assumptions on renewables, we can reliably expect an extra 330TWh of electricity to be generated by 2020, leaving a shortfall of 16TWh to be made up by either energy efficiency or new nuclear.
There are currently 10GW of nuclear capacity under construction/development, including the UK proposed plants that should be on operation by 2020. If we assume that energy efficiency will not contribute, that would imply a load factor for the plants of 18%. Looking at the entire available nuclear fleet that would imply a load factor of just 76%. We do believe though that steps towards energy efficiency will also be taken, thus the impact on load factors could be larger.
Under a scenario of the renewables target being fully delivered then the load factor for nuclear would fall to 56%.
(Bold in original)
Citigroup Global Markets European Nuclear Generation 2 December 2008
The
Texas Wind Power Up, Nukes Down
...eventually, according to Christopher Crane, the CEO of energy giant Exelon. In an interview with the Chicago Tribune last week, Crane predicted that the influx of low cost wind power would lead the company to start shuttering its nuclear plants...
In 2011, rival utility giant NRG was set to build two new power plants in Texas but backed off as a wind power surplus combined with a stiffer regulatory environment for nuclear power, consequent on the Fukushima nuclear disaster...
Texas Wind Power Up, Coal Down
Coal is on even more shaky ground, partly because new wind farms and other clean energy facilities are beginning to offer more competitive alternatives, and also because existing coal power plants are being converted to other fuels, namely biomass and natural gas.
As with nuclear power...
Clean Technica (http://s.tt/1zC1z)
...eventually, according to Christopher Crane, the CEO of energy giant Exelon. In an interview with the Chicago Tribune last week, Crane predicted that the influx of low cost wind power would lead the company to start shuttering its nuclear plants...
In 2011, rival utility giant NRG was set to build two new power plants in Texas but backed off as a wind power surplus combined with a stiffer regulatory environment for nuclear power, consequent on the Fukushima nuclear disaster...
Texas Wind Power Up, Coal Down
Coal is on even more shaky ground, partly because new wind farms and other clean energy facilities are beginning to offer more competitive alternatives, and also because existing coal power plants are being converted to other fuels, namely biomass and natural gas.
As with nuclear power...
Clean Technica (http://s.tt/1zC1z)
dbackjon
(6,578 posts)4. And killing the environment in the process
Talk about the height of stupidity.
Raping the land and water for cheap gas.