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This comprehensive overview explores the policy issues and other factors affecting the future of nuclear power in OECD countries. It provides a wealth of historical and current information of interest to both energy industry professionals and policy makers. Nuclear power has grown steadily since the early 1960s. Today it provides one quarter of OECD electricity supply from 300 GWe capacity. It is an important contributor to OECD energy security. Existing nuclear plants appear ready to meet the challenges of electricity market competition. The industry has experienced sustained improvements in technical and economic performance. A major advantage of nuclear power is that it produces none of the airborne pollutants or carbon dioxide that fossil-fuelled plants do. Nonetheless, nuclear power must cope with many challenges. New nuclear plants face formidable competition from fossil fuel generation, given nuclear power s high capital cost and today s fossil fuel prices. Almost half of OECD countries have placed restrictions on building nuclear power plants. Disposal facilities for high-level wastes are under development, but face technical and political hurdles before they can become operational. Can nuclear power meet these challenges and thrive in future energy markets? Or will its contribution to energy supply ebb in coming years? This book provides a critical assessment of the issues that will shape the answers to these questions.
In the wake of the Fukushima Daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built in the coming years, the amount of uranium required to meet forward demand, the adequacy of identified uranium resources to meet that demand and the ability of the sector to meet reactor requirements in a challenging investment climate. This 24th edition of the "Red Book", a recognised world reference on uranium jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, provides analyses and information from 42 producing and consuming countries in order to address these and other questions. It offers a comprehensive review of world uranium supply and demand as well as data on global uranium exploration, resources, production and reactor-related requirements. It also provides substantive new information on established uranium production centres around the world and in countries developing production centres for the first time. Projections of nuclear generating capacity and reactor-related requirements through 2035, incorporating policy changes following the Fukushima accident, are also featured, along with an analysis of long-term uranium supply and demand issues
The "Red Book", jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is a recognised world reference source on the uranium industry. This publication collates and analyses key information drawn from the twenty editions of the Red Book published between 1965 and 2004, in order to set out a comprehensive review of developments in the world uranium industry from the birth of civilian nuclear energy through to the beginning of the 21st century. It summarises developments in the major uranium-producing countries and topics covered include: installed nuclear capacity, reactor-related uranium requirements, market price, exploration, resources, production, natural and enriched uranium inventories, thorium, mine start-up and closure histories, environmental aspects of uranium mining and processing.
This report addresses the increasingly important interactions of variable renewables and dispatchable energy technologies, such as nuclear power, in terms of their effects on electricity systems. These effects add costs to the production of electricity, which are not usually transparent. The report recommends that decision-makers should take into account such system costs and internalise them according to a "generator pays" principle, which is currently not the case. Analysing data from six OECD/NEA countries, the study finds that including the system costs of variable renewables at the level of the electricity grid increases the total costs of electricity supply by up to one-third, depending on technology, country and penetration levels. In addition, it concludes that, unless the current market subsidies for renewables are altered, dispatchable technologies will increasingly not be replaced as they reach their end of life and consequently security of supply will suffer. This implies that significant changes in management and cost allocation will be needed to generate the flexibility required for an economically viable coexistence of nuclear energy and renewables in increasingly decarbonised electricity systems.
This report, based upon data provided by 26 countries, examines the decommissioning of nuclear power plants of varying reactor types, sites and sizes. It assesses differences in decommissioning costs and the management of financial liabilities arising after nuclear power plants are shut down, and explores the effects of national policies and industrial strategies.
As energy demand increases in line with the expansion of the world's leading economies and the growth of developing economies, a key challenge remains of how to provide the energy levels required while protecting our environment and conserving natural resources. Nuclear energy is a complex and controversial technology but also has the potential to provide considerable benefits. This publication explores a range of issues involved in the use of nuclear energy, including safety aspects, whether its use is economically competitive, its role in meeting greenhouse gas reduction targets, how to manage the radioactive waste it generates, whether its use increase the risk of proliferation of nuclear weapons, security of resources, and its potential role in the future.
In general, national energy policies seek to ensure the availability of secure and economic supplies with minimal environmental impact. The means of achieving security and competitiveness in the supply of electricity differ between countries; whilst some governments allow competitive markets, others maintain ownership and apply strict economic regulation. This publication considers the roles and responsibilities of governments in relation to nuclear energy, within the context of broad national policy goals.
Using the most current data and statistics available, this Outlook provides projections up to 2050 to consider growth scenarios and potential implications on the future use of nuclear energy.
The competitiveness of nuclear power plants depends largely on their capital costs that represent some 60 per cent of their total generation costs. Reviewing and analysing ways and means to reduce capital costs of nuclear power plants are essential to enhance the economic viability of the nuclear option. The report is based upon cost information and data provided by experts from NEA Member countries. It investigates the efficiency of alternative methods for reducing capital costs of nuclear units. It will provide stakeholders from the industry and governmental agencies with relevant elements in support of policy making.