Hansen and a handful of other climate scientists I also greatly respect — Ken Caldeira, Tom Wigley, and Kerry Emanuel — present a mostly handwaving argument in which new nuclear power achieves and sustains an unprecedented growth rate for decades. The one quantitative “illustrative scenario” they propose — “a total requirement of 115 reactors per year to 2050 to entirely decarbonise the global electricity system” — is far beyond what the world ever sustained during the nuclear heyday of the 1970s, and far beyond what the overwhelming majority of energy experts, including those sympathetic to the industry, think is plausible. They ignore the core issues: The nuclear power industry has essentially priced itself out of the market for new power plants because of its 1) negative learning curve and 2) inability to avoid massive delays and cost overruns in market economies. This is doubly problematic because the competition — renewable power, electricity storage, and energy efficiency — have seen steady, stunning price drops for a long time. Hansen et al also continue the myth that somehow nuclear power is being held back by environmental opposition, rather than its own marketplace failures, a point I will return to later.
Climate Progress 7th Jan 2016 read more »