Nuclear Power’s Death Somewhat Exaggerated
This is how modest the nuclear industry’s prospects now look: Senator Lamar Alexander, a Tennessee Republican who has called for building 100 reactors in the next few years, told a conference of industry specialists in late March that the long-ballyhooed “nuclear renaissance” did not really exist anymore. Now, he said, it is an “awakening to the awareness of nuclear.”
But it is an awakening with a price of $30 billion or more. Mr. Alexander was speaking to a conference convened on the 33rd anniversary of the Three Mile Island accident, a few weeks after the Nuclear Regulatory Commission gave permission to build a power reactor for the first time in more than 30 years, for the twin Vogtle reactors near Augusta, Ga.
Those will cost $14 billion, if all goes well, and more if it does not. A few days after he spoke, the commission approved a license for another pair of reactors in South Carolina, which will cost about the same. Several other companies are laying out hundreds of millions of dollars in planning for reactors that may or may not get to the groundbreaking stage.
The industry’s three great recent stumbling blocks, the Fukushima accident of March 2011, the exceptionally low price of natural gas and a recession that has stunted demand for power, mock the idea that dozens of new reactors are waiting in the wings. But in an era of worry over global warming, support is plentiful for at least keeping a toe in the water.
“Even if global warming science was not explicitly invented by the nuclear lobby, the science could hardly suit the lobby better,” complained a book published last month, “The Doomsday Machine,” a polemic on the evils of splitting the atom. In fact, the industry continues to argue that in the United States it is by far the largest source of zero-carbon energy, and recently began a campaign of upbeat ads to improve its image.
According to the authors of “The Doomsday Machine,” Martin Cohen and Andrew McKillop, “In almost every country — usually for reasons completely unrelated to its ability to deliver electricity — there is almost universal political support for nuclear power.”
That is probably an exaggeration, with Japan leaving almost all of its 54 reactors idle at the moment because of the Fukushima Daiichi triple meltdown, and Germany promising to close its fleet. But China and India, two countries with enormous demand for electricity and not much hand-wringing over global warming, are planning huge reactor construction projects.