Global energy market model for the energy transition?
…An incredible ramp-up. Another 10% of 2050’s energy can come from nuclear and hydro. We see an outright ‘nuclear renaissance‘ underpinning 2.5x growth from nuclear through 2050. What about the…
…An incredible ramp-up. Another 10% of 2050’s energy can come from nuclear and hydro. We see an outright ‘nuclear renaissance‘ underpinning 2.5x growth from nuclear through 2050. What about the…
…population growth, +1.4% pa rising incomes, -1.4% pa efficiency gains, -0.5% renewables, 0% nuclear, +0.2% ramping back coal due to underinvestment in gas. Depressingly, progress towards net zero slowed in…
…however, belong to Norway (87% hydro, 10% wind) and Sweden (40% hydro, 30% nuclear, 19% wind, 1.5% solar), where nuclear and hydro can also buffer renewables (note here). China, India…
…first time in many years, in 2023, there were times when nuclear was generating less than 20% of the total UK power grid. Nuclear percent of the UK grid over…
…law of thermodynamics is the nuclear energy industry, which creates energy from the controlled decay of Uranium-235. To all intents and purposes, nuclear energy is “creating energy”. But the first…
…coal, then nuclear. Nuclear is nuanced. It might take a day to cold-start up a nuclear plant. But the average facility is 1.1GW. So even a 1% ramp rate is…
…framework, with multiple, clear innovations to improve the safety, compactness and cost-effectiveness of SMRs. This could enable nuclear plants to be constructed for costs below $3,000/kW. Details that impressed us…
…for nuclear from 2% per year, to 2.5% per year, due to gas shortages, potential to backstop renewables, and cost-effective new SMR designs, such as this one. https://thundersaidenergy.com/2021/03/18/nuclear-power-what-role-in-the-energy-transition/ Finally, and…
…Joint European Torus Research Facility in Oxford, requiring rapid bursts of energy to test nuclear fusion. It came up in our research note in the frontiers of nuclear fusion. In…
…called for a greater emphasis on nuclear or hydrogen and continued vilification of traditional energy companies. Our economic analysis suggests economics will be challenging for hydrogen, while nuclear breakthroughs are…