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May 04, 2023

Nuclear Power

The Pros and Cons of Nuclear Power Generation

Global energy consumption is steadily increasing. The U.S. Energy Information Administration (EIA) predicts that world energy usage will increase by nearly 50 percent by 2050. Much of this demand will come from emerging economies such as China and India, increased global industrial activity, and transportation.



Today, fossil fuels such as oil, coal, and natural gas account for more than 80 percent of total energy consumption. As the world shifts toward greener alternatives in response to climate change, this large share must be replaced with sustainable, reliable, and cost-effective energy. Nuclear power is one potential energy source. Making up only 4.3 percent of the global energy mix in 2019, many see nuclear power as an opportunity to reduce greenhouse gas emissions.


There are currently over 440 reactors spread across 31 countries. The United States, China, France, Russia, and South Korea produce the most nuclear power. Slovakia generates the largest percentage of its total energy through nuclear at an impressive 82.3 percent, followed by France at 70.6 percent and Ukraine at 51.2 percent.


This article will explore some of the advantages and disadvantages of nuclear power.


The Advantages of Nuclear Power

Low Carbon Emissions 

Nuclear power uses a process called fission to split uranium atoms and generate steam which turns a turbine and generates electricity. Unlike coal, oil, or natural gas, nuclear does not produce carbon emissions and is a much cleaner alternative to burning fossil fuels.


When thinking about carbon emissions, it’s also necessary to look at the entire lifecycle of the reactor including construction, transportation of materials, and other processes that need to occur to generate power. A 2017 study in the journal Nature found that, per kilowatt-hour of electricity generated, nuclear emitted just 4 grams of CO2. This is nearly identical to wind and solar and far better than the 109 grams produced by coal, the 78 grams produced by gas, or the 97 grams produced by hydroelectric.


Efficient and Reliable Baseload Power

Renewable energy sources such as wind and solar may be environmentally friendly, but they cannot fully replace the energy generated by fossil fuels in their current form. They lack the reliability and flexibility required to meet demand and they may not work in all locations or at all times of the day.

Energy isn’t always consumed at the same rate. Daily power consumption varies as people move from work to home or turn off appliances and lights at night. Seasonal changes also occur as people switch on air conditioners or heaters and spend more time indoors to escape the weather.


Nuclear power is both highly efficient and reliable, making it a viable way to provide baseload power – the minimum amount of electricity needed at any given time. Fluctuations can then be met with natural gas or renewables that are easier to turn on or off in response to demand.


The U.S. Office of Nuclear Energy showed that nuclear had the highest capacity factor of any energy source. A typical reactor generated maximum power more than 93 percent of the time. Compare this to a typical coal plant, which operated at just 40.2 percent capacity, or solar field, which operated at just 24.9 percent, and it becomes clear how nuclear can play a role in generating stable and reliable power.


High Safety Record

Disasters at Chernobyl and Fukushima have damaged nuclear power’s reputation. Images of mass evacuations, abandoned cities, and radioactive fallout spread around the world and turned the public against nuclear. Germany, which previously had 17 reactors producing nearly 25 percent of its power, decided to phase out all nuclear power by the end of 2022 following the Fukushima meltdown.

Despite its bad reputation, however, nuclear has proven to be an incredibly safe way to generate power. Data from the European Union showed that nuclear power had the lowest number of attributable deaths by energy source.


Further, the World Health Organization estimates that air pollution caused by burning fossil fuels kills 7 million people each year and accounts for 1 in 8 total deaths.


But what about the disasters? Though clean-up efforts are still ongoing ten years after the Fukushima meltdown, the UN Scientific Committee on the Effects of Atomic Radiation stated that there had been no reported adverse health effects among residents directly related to radiation at the site.


The Disadvantages of Nuclear Power 

Nuclear Waste and Radioactive Materials

Nuclear waste is one of the first things that comes to mind when thinking about nuclear power – and for good reason. Radioactive waste is a serious problem that does not yet have a permanent solution. Nuclear fuel rods can be used for around 12 – 18 months, at which point they are removed from the reactor and submerged in water for 7 – 10 years to cool. From there, they are transferred into concrete containers and stored in facilities that must be constantly monitored and maintained. This is not a long-term solution, as the waste poses a threat for at least 1,000 years.


The International Atomic Energy Agency estimated that around 370,000 metric tons of spent fuel have been produced. While some of this has been reprocessed, there are still at least 250,000 metric tons stored in 14 countries. New waste is generated at around 12,000 tons per year, and this would increase if nuclear played a larger role in the global energy mix.


Finland, which is building a new reactor to produce 60 percent of its power from nuclear, is also leading the way when it comes to safely and permanently storing nuclear waste. The country is building a storage facility nearly 1,400 feet underground that will hold more than 6,000 tons of spent fuel before being sealed up and abandoned forever. Because it doesn’t require human intervention, the new site has the potential to act as a viable, long-term solution to the problem of nuclear waste.


Difficult, Expensive, and Slow to Build

Nuclear power plants are complex facilities that must be built to the highest safety standards, often in the face of public opposition. As a result, they are also extremely costly to build. A 2008 report found that the estimated cost of a new 1,100 megawatt (MW) nuclear facility was between $6 billion and $9 billion. The same report also found that the actual costs often exceeded estimates by over 200 percent. A more recent analysis of a new U.S. reactor found the cost rose from an initial $3.5 billion to more than $22 billion in just five years.


Nuclear reactors also take longer to build than other types of power generating stations. A 2019 report showed the average construction time was just under 10 years, while other facilities can typically be built in less than four.


Taken together, the cost to develop and install a typical light-water nuclear reactor was $6,866 per kilowatt (kW) of generating capacity, well above the $3,672/kW for ultra-supercritical coal or the $1,846/kW for onshore wind.


Non-Renewable Resource

Despite its low carbon emissions and efficiency at generating power, nuclear is not renewable like wind and solar. Nuclear reactors use uranium as a fuel source, and this must be mined, refined, enriched, transported, and disposed of.


It’s estimated that there are more than 8 million tons of identified uranium resources available. Existing facilities currently use about 70,000 metric tons of natural uranium each year. At current usage, this suggests there is more than 100 years’ worth of supply. However, it’s important to remember that nuclear only accounts for around 4 percent of current energy consumption. If this number grows and nuclear becomes a primary source of power, the limited amount of accessible uranium could pose a significant challenge.


Additionally, the mining and processing of uranium can have negative environmental consequences. Radioactive dust, leaching, increased background radiation, and other toxins are all produced during mining. Toxic tailings that are left over after processing must also be stored in ponds or containment fields and properly cleaned up to limit the impact on the surrounding ecosystems and nearby populations.


Nuclear Power – A Sustainable Way Forward or a Risky Alternative?

Nuclear power will continue to play a role in the global energy mix for some time. While countries like Germany and Japan have decommissioned facilities in response to disasters, others, like China, India, South Korea, and Finland are all moving forward with new facilities to shift away from fossil fuels.

The world must transition from greenhouse gas-emitting energy sources toward a more sustainable future. The cost of new reactors, public opinion, and concerns about radioactive waste will all hold nuclear back from being the primary source of energy any time soon. Looking ahead though, nuclear has the potential to help replace fossil fuels, provide reliable baseload power, and clear the way for the increased use of renewables such as solar, wind, or geothermal. How that happens, and who takes the lead, will be something to watch in the coming decades.

23 Dec, 2023
Context A CBC News article discussed the possibility of the Canadian economy heading into a recession, or whether the country has already passed that threshold. The article discussed this possibility based on slowed growth, high inflation, and the Bank of Canada’s continued interest rate hikes. Analysis A recession is a significant reduction in economic activity that occurs over a length of time, usually months or years. One of the most accepted definitions of a recession comes from the economist Julius Shiskin in 1974, who identified the threshold to an economic recession as two consecutive quarters of declining GDP, although economists often argue about the comprehensiveness of this measure. The causes of a recession can be quite complicated and have many contributing factors. Some common examples include a sudden economic shock such as the recent COVID-19 pandemic, excessive debt, asset bubbles, inflation, deflation, or large technological changes. One major factor influencing the probability of an economic recession includes rising interest rates from the Bank of Canada, which has implemented the highest hike in the shortest amount of time in all of the bank’s history, raising the rate over eight times since 2022. The Bank of Canada increased interest rates in order to curb inflation since rising interest rates discourage taking on debt and spending. This further encourages companies to lower prices or slow inflation to increase demand. Currently, the Bank of Canada is keeping at the 5.0 percent rate but has said that further hikes are not off the table as inflation may continue to exceed acceptable rates. Increases in interest rates can certainly contribute to or precede a recession. In fact, the Bank of Canada has raised interest rates three times to slow inflation since the 1960s and all three times this action led to an economic recession. Current fears of a looming economic depression are also not unique to Canada, as following the COVID-19 pandemic, the global inflation rate increased to 8.73 percent in 2021. This was due to supply chain issues, as well as the effect of the Russia-Ukraine War creating rising food and energy prices, as well as general fiscal instability. A majority of the World Economic Forum’s lead economists agreed earlier this year that we could see the beginning of a global recession starting in 2023, which would certainly affect the Canadian economy. The article also discusses the Canadian economy’s slowed economic growth, as the GDP has stagnated in the second quarter of this year. However, it suggests other factors may explain the decrease, including striking port workers in British Columbia, and the resulting negative effect on economic activity. An RBC report mentions how on a per-person GDP basis, there has already been a decline for four straight quarters despite a surge in population growth, and concludes overall predictions for GDP growth do not look promising despite local factors including Canadian wildfires and strikes. They also point to a 0.5 percent increase in the unemployment rate over the past few months, which has historically tended to indicate a looming recession.
21 Dec, 2023
Context The City of Ottawa Mayor, Mark Sutcliff released a statement about a revised plan for the redevelopment of Lansdowne, an urban public park containing historic landmarks and commercial venues. The project includes the demolition of a sports arena complex, stadium stands, and the building of a new event center, residential units, and retail space. Despite suggesting the new plan has addressed the concerns of residents, many issues remain. Analysis The City of Ottawa and the Ottawa Sports and Entertainment Group (OSEG) have been in partnership to develop Lansdowne since 2012 and finished an original redevelopment of the park back in 2014. A few years later in 2019, the financial sustainability of the park came to the city council’s attention, and in 2020 the partnership was extended another 10 years with direction to develop a new plan to revitalize Lansdowne. Consultation with community members started in 2020, with the original concept released last year in 2022, and a revised version released this month. Community feedback was acquired through various platforms including public information sessions, an open email for feedback, and public surveys. A summary report of that feedback was published on October 6th, which highlighted the six most common themes of community residents’ concerns. The first concern was related to the size and number of the multiple high-rise apartments which were designed to exceed 30 floors. In the new plan , they have removed one of the three planned buildings, with fewer total units in each, and only one tower with the potential to be built at 40 stories. Residents were also concerned about the loss of greenspace due to the new event center construction. Many people suggested they wanted that greenspace allocated elsewhere, or alternatively, an accessible greenspace roof on the event center. Although in the original plan the city had conceptualized a greenspace rooftop on the event center, this was scrapped in the new plan as it was deemed too expensive to maintain. Respondents wanted a restriction of vehicles to the premises to promote pedestrian safety, a concern that has existed since Lansdowne was first renovated back in 2014. They also wanted more public transportation infrastructure to and from the park, whether that is the local city buses, trains, or cycling infrastructure to reduce congestion on connecting roads. Relatedly, residents also desired more accessible public use space from washrooms to water fountains to usable and free space for people to occupy. The new plan has reduced the number of parking spaces for the residential buildings to meet the Bylaw limit of 0.4 spaces per unit, down from 739 to 336 spaces, while they added 36 new spaces for the event center. In terms of accessible public space, the new plan includes 27,000 square feet of space originally earmarked for the third residential building, now available for an unspecified “public realm.” Residents also wanted more local and less corporate or big-box businesses, to reflect the unique local community better. The new plan does suggest the amount of retail space has been reduced from 108,000 square feet to 49,000 square feet but does not directly address the desire to attract smaller, local businesses. Finally, there was also a concern about financial transparency of how the project is being funded and the resulting impact on the City. The Federation of Citizens Association (FCA) which represents over 70 community groups voted unanimously to oppose the new plan, which comes with a very costly price tag of $419 million, increased from $332 million of the first plan. They cite that the debt comes at a time when the transit system is facing major issues, and the city is struggling with a housing affordability crisis.
20 Dec, 2023
Context Newly elected Premier of Alberta Danielle Smith has defended her cabinet which is coming under fire over conflict-of-interest concerns. Environment and Protected Areas Minister Rebecca Schulz’s husband, Cole Schulz , may be lobbying the government in the areas that the Minister works in. Cole Schulz's firm is working on removing the protection of a threatened caribou range to make room for the oil and gas industry – which has raised concerns over who has Minister Schulz’s ear. Analysis The company that Cole Schulz is a partner with, Garrison Strategies, was hired by the Explorers and Producers Association of Canada and is working to influence the government on the issuing of reclamation certificates for oil and gas sites. The lobbyists are working to gain more access to protected caribou habitats to expand the oil and gas industry. They are hoping to “ address the moratorium on tenure in caribou regions ” which would effectively give them better access to land and investments. The Little Smoky and A La Peche herds in northwest Alberta were protected by a moratorium in 2013 which stopped the granting of new energy leases in this area. At the time, 95 percent of the herd’s range was heavily damaged. Phillip Meintzer of the Alberta Wilderness Association found that though records show that Garrison didn’t contact Environment and Protected Areas directly, the firm’s causes are “ too close for comfort ”. Meintzer also notes that as Garrison works on opening the protected caribou land for Alberta Energy, Environment and Protected Areas should be working on a protection plan for the federally and provincially designated threatened animal . Minister Schulz is working closely with the ethics commissioner, however, Danielle Smith confirmed that “ the ethics commissioner has looked at it, given guidance and there’s no violation [of the Conflicts of Interest Act]”. Cole Schulz also indicated that his firm wasn’t aware that Minister Schulz breached the Act at any time. Meintzer suggests that this situation “ calls for a further look ” from a third party. Sources https://globalnews.ca/news/9988998/alberta-premier-danielle-smith-rebecca-schulz/
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