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Topic: Nuclear

[Episode #156] – 6-Year Anniversary Show

Sep 29 2021

Mini Episode

In this sixth-anniversary show, we welcome back energy researcher Jonathan Koomey to help us review some of the hot topics in energy transition over the past year.

Topics in this discussion include:

  • The energy elements of the bipartisan infrastructure bill that passed the Senate, and how they stack up against the actual infrastructure needs of the US.
  • Highlights from the new climate assessment report from the IPCC, and the disconnect between how that modeling framework is structured, and what policymakers and journalists really need. We also try to identify how climate scientists can be more helpful in communicating the path the world is currently on.
  • The case for and against divestment and other supply-side strategies to reduce the consumption of fossil fuels.
  • The zombie theory of ‘value deflation’ in solar, and why it’s mistaken.
  • Corruption in the nuclear industry, and why climate hawks must start getting more discerning about who they are backing in the struggle to take action on climate change.
  • The energy requirements of the Internet and Bitcoin mining.
  • A new tool to explore the EIA’s vast stores of data.

In the news segment, we review the ongoing efforts in Congress to electrify the US Postal Service vehicle fleet; we update two stories about corruption associated with the US nuclear industry; we hail the world’s first production of a batch of steel without using fossil fuels; we have a look at the world’s largest battery storage system; and we note a major blow to the credibility of “blue hydrogen.”

Geek rating: 8

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[Episode #154] – Japan’s Nuclear Dilemma

Sep 1 2021

Mini Episode

Japan was once the third-largest operator of nuclear power facilities in the world, but that came to a sudden end with the largest earthquake to ever hit the country on March 11th, 2011, which caused a massive tsunami that led to the meltdown of the Fukushima Daiichi nuclear power plant, and then to the closure of all 54 of the country’s nuclear plants. In the decade hence, Japan has struggled to plot a new course to get its energy, see-sawing between attempts to restart the plants and relying more on coal and natural gas, while at the same time trying to improve efficiency, conserve energy, and find ways to reduce its emissions to help meet its decarbonization targets under the Paris climate agreement.

Now, the country’s leadership is taking bold steps toward building more renewables and seeking to cut back on its use of fossil fuels, while just a handful of its nuclear plants have been restarted and the future of the rest is very much in contention. It’s a confusing political landscape, and one of the most challenging cases in the world for energy transition, but it also could prove to be one of the most cutting-edge leaders, especially if it can exploit its offshore potential for renewables.

In this episode, Bloomberg reporter Stephen Stapczynski, who has reported on Japan’s energy sector for years, paints for us a coherent picture of Japan’s nuclear past, where it stands now, and how it will obtain its energy in the future.

Geek rating: 2

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[Episode #132] – The Future of Solar

Oct 14 2020

Mini Episode

How did the solar industry grow up so quickly over the past 15 years, and what does its future look like? In this episode, we talk with the founder of the solar team at Bloomberg New Energy Finance, who’s had a front-row seat to the industry’s development, about the many booms and busts it has seen over the past 15 years, and about what we should expect from the sector going forward. Does solar need a big new innovation to keep growing and displacing fossil-fueled power plants, or does it just need to keep going on its existing trajectory? How much cheaper can solar get? For that matter, is continuing to get cheaper even desirable? And how much can solar do to help lift the developing world out of poverty? We answer these and many more questions in this episode.

Geek rating: 5

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[Episode #131] – Decarbonizing the US by 2050

Sep 30 2020

Mini Episode

Is it possible to decarbonize the economy of the United States, and get to net-zero emissions by 2050? A team of researchers from 15 countries who are part of the Deep Decarbonization Pathways Project think so, based on their deep modeling of the US economy as part of the UN Sustainable Development Solutions Network (SDSN). We introduced this work at a high level in Episode #129, during our conversation with Dr. Jeffrey Sachs, the Director of the SDSN. In this episode, we take a deep dive into the modeling itself with one of the modelers involved in the project. We’ll look at the specific energy technologies, devices, and grid management strategies that will make decarbonization by 2050 possible, and see why they think that decarbonizing the US is not only achievable by 2050, but practical, and very, very affordable.

Geek rating: 9

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[Episode #117] – Climate Science Part 12b – Improving Climate Modeling

Mar 18 2020

Mini Episode

Are the climate change scenarios produced by the Intergovernmental Panel on Climate Change (IPCC) accurately representing our likely futures, or are they rooted in outdated data that doesn’t represent the progress we’re already making on energy transition? Is the world on a “business as usual” path to climate doom in a world that’s 5°C warmer, or are we actually within reach of limiting warming to 2°C by the end of this century?

In this episode, we ask two experts to debate these questions in the very first extended three-way conversation on this podcast. Representing the energy analyst’s critique of the IPCC models is Bloomberg New Energy Finance founder Michael Liebreich. And representing the IPCC modeling work is Dr. Nico Bauer, an integrated assessment modeler with the Potsdam Institute who has helped develop the Shared Socioeconomic Pathways used in the IPCC framework.

This episode is part two of that three-hour conversation. Part one was featured in Episode #116. Together, those two episodes make Part 12 of our mini-series on climate science.

Geek rating: 10

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[Episode #105] – Can Competition Decarbonize Electricity?

Oct 2 2019

Mini Episode

In this third part of a trilogy of shows about how to decarbonize grid power, former utility regulator Travis Kavulla offers his thoughts on how wholesale electricity markets can use competition to deliver clean electricity. Following our discussion about reforming wholesale markets in Episode #90, and our exploration of how state policies can directly choose clean power in Episode #97, Travis offers some deep thoughts on the respective roles of FERC and state regulators, proposed reforms to PURPA, FERC’s showdown with PJM, the politicization of FERC, the recent battle in Ohio over HB6 (bailing out its nukes and coal plants), and other regulatory battles du jour. So much power market wonkery in such a small package!

Geek rating: 9

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[Episode #95] – Powering the world with RE

May 15 2019

Mini Episode

Can we run the world on renewables alone? Various researchers have tried to model how a given country might run a grid using mostly renewables, oftentimes finding that carbon-negative technologies, advanced nuclear power, and even coal power plants equipped with CCS will be a part of the solution set. But no one has produced a comprehensive model that shows how we can run the world on renewables alone, while accurately modeling the weather and grid conditions at a very discrete scale, at hourly resolution, using data on the renewable resources in each region, and determining how that would work while selecting the least-cost resources… until now.

In this episode we speak with a researcher from Lappeenranta University of Technology in Finland, one of an international team of 14 scientists who have spent the past four and a half years performing research, data analysis, and technical and financial modeling to prove that a global transition to 100% renewable energy is economically competitive with the current fossil and nuclear-based system, and could reduce greenhouse gas emissions in the energy system to zero even before 2050. This first-of-its-kind study outlines how the world could limit warming to 1.5°C with a cost-effective, global, 100% renewable energy system that does not use negative carbon technologies, and provides all the energy needed for electricity, heat, transport and desalination by 2050.

Geek rating: 6

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[Episode #93] – Energy Transition in India and Southeast Asia, Part 2

Apr 17 2019

Mini Episode

This is Part 2 of our two-and-a-half hour interview with Tim Buckley, of the Institute of Energy Economics and Financial Analysis, based in Australia. We featured Part 1 in Episode 91, in which we primarily discussed the future of coal fired power in India. In this second part, we expand on the India story and look more broadly at energy transition across Southeast Asia, and consider the outlook for coal, renewables, and nuclear power in China, Japan, Bangladesh, Pakistan, and Malaysia, among others. As he did in Part 1, Tim shares with us in this episode a fascinating set of data on the future of energy in Southeast Asia that is oftentimes at sharp variance with the projections that we hear from energy watchdogs like the International Energy Agency. Tim tells a much more hopeful story about energy transition in the developing world. For example: If you think that China’s building more coal plants means that its coal consumption is going to go up, think again! Energy transition is moving ahead, and will move ahead, much more quickly in Southeast Asia than any of our major agencies project, and that is great news for the climate.

Geek rating: 4

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[Episode #91] – Energy Transition in India and Southeast Asia, Part 1

Mar 20 2019

Mini Episode

It has long been assumed that India, China, and other developing countries of Southeast Asia would power their vigorous economic growth for decades to come with coal. We heard over and over that China is building a new coal-fired power plant every three days, and about plans for multi-gigawatt sized coal-fired power plants in India. As long as coal was the cheapest form of power, addressing our climate emergency seemed like a lost hope.

But that nightmare is now evaporating thanks to the continuously declining costs for solar, wind, and battery storage. Although there are far too few policymakers (not to mention the major energy agencies, like EIA and IEA) who appear to be aware of it, the future of coal is fading by the day, as solar and wind take the lead as the lowest cost forms of power. And nowhere is this new reality more starkly evident than in India, where a remarkable pivot away from coal has been under way for about five years now, radically reshaping the outlook for India’s energy consumption, and stranding billions of dollars in investments in coal plants that will not be used as expected. At the same time, India is busily electrifying 18,000 villages, pushing forward on the electrification of transportation, and developing demand-side technologies that together are more likely to make India one of the world’s great success stories in energy transition than one of the world’s largest upcoming carbon emitters.

Our guest in this episode has been closely watching these markets for three decades, and is one of the sharpest observers of what’s happening in India and Southeast Asia. This episode is Part One of our two-and-a-half hour conversation with him, which mostly covers India and coal. Part Two of this interview will be featured in Episode 93.

Geek rating: 4

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[Episode #90] – How Will Decarbonized Power Markets Work?

Mar 6 2019

Mini Episode

This one is for the grid geeks! With the Green New Deal now a hot topic in the US Congress, while wholesale power markets still struggle to figure out how to accommodate new kinds of resources even as coal plants and nuclear plants continue to retire, the question of how wholesale power markets should work, and how they should value new kinds of assets and services, is becoming increasingly urgent. What would a power market look like if it consisted mainly (or totally) of wind and solar, with their zero-marginal-cost power? And if we continue to use out-of-market payments to keep clean but uneconomic nuclear plants operating, what will be the effect on power markets? Will power markets ultimately crash under the weight of accumulated patches and workarounds, or can their design be adapted to new social priorities—like combating climate change—and new kinds of resources, like large-scale storage systems? Can we replace the market construct of locational marginal pricing with something more suited to the new reality of grid power? What kind of policies can keep us on track to support transition and facilitate the evolution of the fuel and technology mix toward a high renewables future? Will FERC Order 841 succeed in opening the doors to storage on the grid? Are real-time prices the future of rate design? And as we move toward a deeply decarbonized grid, what are the implications for our economic system?

In this episode, we delve into all those questions and more with an expert who has worked on power markets for over 30 years.

Geek rating: 9

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