Report touts nuclear energy’s investment attractiveness based on ESG standards

November 17, 2022, 9:30AMANS Nuclear Cafe

Nuclear energy “has exceptional characteristics that make it uniquely qualified to address all three facets of the energy trilemma: affordability, sustainability, and reliability,” according to a new report, Solving the Energy Trilemma: The Case for Nuclear as a Sustainable Investment. Developed by the Center for ESG and Sustainability (CESG), which has a partnership with Columbia University’s International Research Institute for Climate and Society, the report concludes, “Even absent ESG [environmental, social, and governance] considerations, nuclear is an investible asset. However, its strong ESG performance makes the case for investment even stronger.”

New Miss Wisconsin is nuclear energy advocate

June 27, 2022, 12:00PMANS Nuclear Cafe

Nuclear energy will have an unusually prominent platform in December, when the new Miss Wisconsin, Grace Stanke, competes in the Miss America 2023 competition at the Mohegan Sun Arena in Uncasville, Conn. Stanke, who is a nuclear engineering student at the University of Wisconsin–Madison and an ANS student member, was crowned on June 18. For her social impact initiative speech, Stanke, expressed a desire to advocate for the use of green energy—especially nuclear energy—during her one-year reign as Miss Wisconsin.

IP3 signs on to nuclear plant development in Poland

September 20, 2021, 7:01AMNuclear News

McLean, Va.–based IP3 Corporation and Polish electricity producer Zespół Elektrowni Patnów-Adamów-Konin SA (ZE PAK) signed an agreement earlier this month regarding the development of nuclear power plants in Poland. IP3 is to be ZE PAK’s main advisor in the process, with Georgette Mosbacher, a former U.S. ambassador to Poland (2018–2021) who recently joined the IP3 board, leading the effort for the American company.

ZE PAK is currently involved in various initiatives associated with nuclear technologies for Poland, including a plan to use nuclear power for the production of hydrogen.

Rep. Dan Crenshaw writes op-ed for The Hill in support of nuclear

March 9, 2021, 6:59AMANS Nuclear Cafe

Crenshaw

In an opinion piece published last Friday in The Hill, Rep. Dan Crenshaw (R., Texas) says that the Biden administration should focus on nuclear power in order to provide clean and reliable power to the grid. Speaking from the recent experience of dealing with the polar vortex that greatly affected the Texas electric grid, Crenshaw said, “People all over the world are . . . demanding cleaner energy that reduces carbon emissions. The Biden administration believes we can do this by prioritizing solar and wind energy. They’re wrong.”

Crenshaw continued, “If the Texas grid was solely or even mostly reliant on renewables last month, our situation would be far more dire. So how do we achieve both a massive reduction in emissions while also maintaining reliable baseload energy? Nuclear.”

Renewable technologies can’t escape the issue of waste management

February 3, 2021, 7:01AMANS Nuclear Cafe

A recent article from Deseret News looks at the stark reality of hazardous waste piling up from the green energy revolution. The lengthy article, "The dark side of ‘green energy’ and its threat to the nation’s environment," was written by News reporter Amy Joi O’Donoghue and is based on an Environmental Protection Agency briefing from the Trump administration. The briefing, issued in January, outlines the difficulties the United States will face in recycling and safely disposing of the materials used for green energy technologies.

Green energy’s looming waste problem: While the current fervor around the globe is to decarbonize as quickly as possible using wind and solar, the energy industry has yet to fully tackle the long-term waste stream for these systems. Many supporters think that renewable energy equals no waste, when in reality all energy-producing technologies produce waste that should be managed responsibly. That includes solar panels and wind turbines, which have their own environmental hazards such as toxic metals, oil, fiberglass, and other materials. Andrew Wheeler, EPA administrator at the time, said, “Without a strategy for their end-of-life management, so-called green technologies like solar panels, electric vehicle batteries, and windmills will ultimately place [an] unintended burden on our planet and economy.”

Exelon CEO urges Illinois legislators to save nuclear plants

January 6, 2021, 3:01PMNuclear News

Crane

Christopher Crane, president and chief executive officer of Exelon, wrote in a Chicago Sun-Times op-ed, “The failure of national energy markets to support clean energy will soon force the premature retirement of two of [Illinois’s] six zero-carbon nuclear plants, putting thousands of people out of work, raising energy costs, and taking us decades backward in the fight against climate change."

Crane urged Illinois policymakers to act quickly, as they face critical decisions about the future of energy that will affect the state’s environment, the economy, and the health of every family for years to come.

U.K. sets plans for clean energy and green jobs by 2050

December 14, 2020, 2:59PMNuclear News

A 170-page energy white paper, Powering Our Net Zero Future, issued by the United Kingdom government on December 14 sets big goals for cleaning up the U.K.’s energy system. According to the U.K. government, the plan would create and support green energy jobs across England, Scotland, Wales and Northern Ireland and would keep electricity bills affordable as the U.K. transitions to net zero emissions by 2050.

The white paper notes that the U.K. will generate emission-free electricity by 2050 with a trajectory that will see "overwhelmingly decarbonized power in the 2030s. Low carbon electricity will be a key enabler of our transition to a net zero economy with demand expected to double due to transport and low carbon heat."

The white paper builds upon the U.K. prime minister’s 38-page Ten Point Plan for a Green Industrial Revolution, which was issued on November 18.