One of the most compelling reasons for the nuclear industry to start building novel reactors is that alternative designs could broaden nuclear’s clean energy appeal well beyond electricity generation and into a source of CO2-free heat that powers industrial processes. Nuclear could usher in tremendous environmental improvements if it were to replace the CO2-spewing fossil fuels that fire up steel and cement furnaces, and that process and refine materials like
China, India, Russia others eyeing high temperature reactors for producing metals, hydrogen, fossil fuels, petrochemicals. Desalination too. Beijing targets 2017.
Could build for other countries too. Argentina and Romania next?
Once again, leave it to China to demonstrate that the future of nuclear could well reside in reactor technologies that are notably different from the conventional reactors that have defined the industry forever. And in China’s most recent example, throw in another country that itself is emerging as a leader in alternative nuclear: Canada. State and private-sector entities from the two countries in late July signed a memorandum of understanding
Yes, ExxonMobil. Shell sees growth too. The oil companies know that nuclear is clean.
Let’s start this week’s blog with a quiz. Identify the source of this global prediction: “By 2040, we expect that the use of nuclear power will approximately double.” Is it: a) a leading utility; b) a large nuclear company; c) one of those growing crop of greenies clamoring for nuclear to help staunch the spewing of environmentally ruinous carbon dioxide (we like those folks here at Energy 2.0); d) a
Beijing practices what it preaches as it campaigns to export reactors
In recent blogs, we’ve pointed out how nuclear reactor companies are turning to seemingly unlikely geographies for growth. Southeast Asia, the Middle East, Africa and South America – hardly traditional nuclear markets – look set to help revive the nuclear renaissance that stalled following the meltdowns at Japan’s Fukushima plant in March, 2011. We’ve also noted that China and its state-owned reactor companies are among the nuclear purveyors chasing business
Non-western and developing nations turn to the East and Russia for maiden voyages into atomic energy. The West likes them too – London calling!
Could the continent start hosting novel reactors?
It is becoming a trend: As countries from the developed world prevaricate over nuclear power, the technology is gaining favor in underdeveloped nations and other places where you might not expect it as a source of desperately needed clean, steady, low-carbon electricity. Want proof? Just look at the last week’s headlines from Africa alone, where three countries – Nigeria, Kenya and Algeria – all made moves toward establishing their first
A low-CO2 model for other countries too
Nuclear energy developer Bill Gates – better known as software billionaire and philanthropist Bill Gates – is reportedly mulling a proposal to build his novel reactor for Indonesia, and while a deal looks unlikely, the prospect underscores how nuclear is poised for a pivotal transition towards not only superior new reactor technologies, but also to new markets and innovative uses of the clean energy source. Gates, who is chairman of