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nuclear power economic alternative for baseload electricity

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Source : www.engr.wisc.edu | Size : 3046516

Economic Alternative. for Baseload Electricity. Kurt Yeager. President . Base Case Scenario: (Source: EIA); no carbon tax. Electricity Generation Fuel Mix .

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The Prospects For Nuclear Energy • Business climate reinforces value of nuclear plants – Reliable, low-cost supply of electricity– Secure, stable cash flows– Hedge against fossil fuel price/supply volatility– Safeguard against escalating environmental requirements • Continued support of RD&D efforts (e.g., funding of one-time engineering and licensing costs) is criticalnear term imperative... • New nuclear plants can be deployed in the U.S. within a decade – with sufficient, timely public/private collaboration • Economic competitiveness & NRC licensing process are key areas of uncertainty • Excellent candidates available. Certified designs ready; other candidates show promise for improved economics • Nuclear power is essential to a sustainable world

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