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atw International Journal for Nuclear Power | 04.2020

Title atw - International Journal for Nuclear Power | 04.2020 Description Ever since its first issue in 1956, the atw – International Journal for Nuclear Power has been a publisher of specialist articles, background reports, interviews and news about developments and trends from all important sectors of nuclear energy, nuclear technology and the energy industry. Internationally current and competent, the professional journal atw is a valuable source of information. www.nucmag.com

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atw - International Journal for Nuclear Power | 04.2020


Description

Ever since its first issue in 1956, the atw – International Journal for Nuclear Power has been a publisher of specialist articles, background reports, interviews and news about developments and trends from all important sectors of nuclear energy, nuclear technology and the energy industry. Internationally current and competent, the professional journal atw is a valuable source of information.

www.nucmag.com

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<strong>atw</strong> Vol. 65 (2020) | Issue 4 ı April<br />

238<br />

NUCLEAR TODAY<br />

John Shepherd is a<br />

freelance journalist<br />

and communications<br />

consultant.<br />

Sources:<br />

Franz Timmermans<br />

interview<br />

https://bit.ly/39APlV0<br />

NEA <strong>Nuclear</strong> Energy<br />

Date 2019<br />

https://bit.ly/38xxLjt<br />

Barakah-1<br />

announcement<br />

https://bit.ly/2IvGatm<br />

Cards Still Stacked Against <strong>Nuclear</strong><br />

in Green Investment Deal<br />

John Shepherd<br />

The launch a few weeks ago of proposals <strong>for</strong> a European Climate Law should have been a clarion call towards ushering<br />

in a cleaner, greener future – but instead of a fanfare <strong>for</strong> change. I heard only another requiem <strong>for</strong> common sense.<br />

I had initially listened with anticipation as Frans<br />

Timmermans, the European Commission’s executive<br />

vice-president, opened a ‘high-level public conference’ on<br />

the European Union’s so-called Green Deal investment<br />

plan and the proposals <strong>for</strong> the new climate law.<br />

The background to the conference was the Commission’s<br />

decision to enshrine in the law the goal of achieving<br />

net zero carbon emissions by 2050. This is without doubt a<br />

worthy ambition <strong>for</strong> Europe that can impact the wider<br />

world. However, the conference appears to have been yet<br />

another missed opportunity to demonstrate that nuclear<br />

technology might finally be judged on its merits in the<br />

climate debate rather than political ideology.<br />

One might have expected better of such a grand<br />

European initiative, yet such hopes were dashed in favour<br />

of disappointment.<br />

According to the Commission, it plans at least € 1<br />

trillion in sustainable investments over the next decade to<br />

support its Green Deal, but transition fund money under<br />

the plan will not contribute towards building nuclear<br />

power plants.<br />

Vice-president Timmermans himself told the conference<br />

that, in support of the climate law, Europe has “the<br />

science and technology and we can certainly find the<br />

money”. But he neglected to say money would not be fairly<br />

allocated.<br />

He said the law would “give that extra bit of security”<br />

some investors needed to make “the jump into the future”<br />

in terms of providing technological projects that would<br />

support the EU’s goal of achieving climate neutrality and a<br />

substantial reduction of emissions by 2030. But what<br />

investor will feel secure in pursuing advances in clean,<br />

nuclear energy development without a level playing field<br />

on which to compete <strong>for</strong> funds?<br />

We have heard warm words indeed from the Commissioner,<br />

but they offer only cold com<strong>for</strong>t <strong>for</strong> potential<br />

nuclear technology investors. Indeed, the Commissioner<br />

was quoted as saying in a recent interview that while<br />

nuclear has a positive effect on greenhouse gas emissions,<br />

he believed nuclear was “not sustainable”.<br />

The high-level conference compounded its disdain <strong>for</strong><br />

keeping an open mind on climate-friendly technologies<br />

when it held two debates with panelists. Not one nuclear<br />

industry representative was on either panel, although a<br />

solar power company CEO was allowed in.<br />

Europe can and should do better than this. The near-130<br />

nuclear reactor units in operation across the EU provide<br />

more than half of the bloc’s low-carbon electricity output.<br />

According to the OECD’s <strong>Nuclear</strong> Energy Agency<br />

(NEA), despite a 1.1 % decrease in total nuclear capacity<br />

across NEA member countries in 2018 (292.7 GWe in<br />

2018 compared to 296.0 GWe in 2017), the total<br />

electricity production of these highly-efficient plants<br />

increased.<br />

Meanwhile, one of the planet’s oil-rich regions declared<br />

itself the world’s latest nuclear energy newcomer with<br />

the successful completion of fuel assembly loading at Unit<br />

1 of the United Arab Emirates’ Barakah nuclear plant.<br />

The UAE said on 3 March it was the first country in the<br />

Arab world to achieve this status. CEO of the Emirates<br />

<strong>Nuclear</strong> Energy Corporation, Mohamed Al Hammadi, said<br />

the move was progress towards providing the UAE with<br />

“clean, reliable and abundant electricity to power our<br />

economic and societal growth”.<br />

Oil exports account <strong>for</strong> around 25 % of the UAE’s gross<br />

domestic product, so when such a region sees the economic<br />

and environmental value of investing in nuclear power,<br />

one might have thought that even the corridors of power in<br />

Brussels would pay attention. Sadly not.<br />

A reliance on facts seems to have little impact when it<br />

comes to changing minds and policies on certain subjects<br />

and nuclear often seems to fall victim to intransigence,<br />

regardless of the evidence. There<strong>for</strong>e, it’s important <strong>for</strong><br />

those who work inside and alongside the nuclear energy<br />

community to build new alliances.<br />

The president and CEO of the US <strong>Nuclear</strong> Energy<br />

Industry, Maria Korsnick, hit the nail on the head recently.<br />

She was discussing some of the misconceptions that<br />

surround the industry when she said: “What we need is a<br />

partnership between wind, solar and batteries, and a<br />

carbon-free source like nuclear power that can always be<br />

there. It’s really all of that working together.”<br />

Cooperation between nuclear and battery storage does<br />

of course hold promise. But I’ve even seen a nonsensical<br />

approach to EU policymaking hamper progress in the<br />

battery industry.<br />

A couple of years ago, the Commission launched a<br />

‘ Batteries Alliance’ to invest in research and development<br />

of technologies to power future electric vehicles. All<br />

well and good, I hear you say. Indeed, that would be<br />

true, except <strong>for</strong> the fact that the initiative unashamedly<br />

favored one chemistry (lithium-ion) over another (lead<br />

batteries).<br />

The then energy commissioner, Maroš Šefčovič, said<br />

the EU would invest to support firms producing European<br />

batteries with “truly green” credentials, which he regarded<br />

as lithium rather than lead.<br />

However, a study compiled <strong>for</strong> the Commission concluded<br />

that the EU should first deal with its “outdated”<br />

rules and inadequate targets <strong>for</strong> recycling lithium batteries.<br />

By contrast, the study said the bloc’s lead battery firms<br />

were helping to ensure near 100 % recycling of their<br />

products under a highly-regulated process that was<br />

“ generally profitable” and helped to reduce greenhouse<br />

gas emissions!<br />

Our politicians and policymakers have got to get out of<br />

this bad habit of stacking the cards against a particular<br />

technology <strong>for</strong> ideological reasons alone. There is no<br />

one-size-fits-all solution to tackling climate change and<br />

certainly no silver bullet.<br />

<strong>Nuclear</strong> Today<br />

Cards Still Stacked Against <strong>Nuclear</strong> in Green Investment Deal ı John Shepherd

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