Nuclear Energy Flashcards

1
Q

Conseuqence of Russia and Ukraine war on energy

A

Sever global energy crises since 1970s

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2
Q

What were the EU proposals approved in the GND?

A

Secure/affordable energy supply, integrated interconnected and digitalized energy market, and improvement of energy performance of buildings and development of a power sector based on RES

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3
Q

What is the EU Taxonomy on NE and gas?

A

Recognised as sustainable and bases for direct investments.

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4
Q

How does EU define greenwashing?

A

Practice of gainging an unfair competitive advantage by marketing a financial poduct as environmentally friendly

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5
Q

How does the Brundtland Report define Sustainable Development?

A

Development meeting the needs of the present without compromising the ability of future generations to meet their own needs

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6
Q

How does current social systems assume economic-wellbeing?

A

Economic welfare assumed to be identical with well-being

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7
Q

How does IPCC rank NE?

A

Third behind offshore and onshore wind in terms of GHG life-cycle emissions per unit of final energy delivered

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8
Q

What is often neglected with NE estimates?

A

Life cycle environemtnal impacts

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9
Q

What is most discussed with NE?

A

Recyclability of nuclear fuels

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10
Q

Current stage of NE recyclability?

A

Geneartion III/III+ with growing stocks of radioactive waste, with low waste and recyclability of fissule isotopes

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11
Q

What does the IEA associate increasing NE costs with?

A

Lower prices of natural gas/coal, growing support/investments for renewables, capital investment in to large-scale NE…

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12
Q

How have clean energy LCE prices changed?

A

Solar dropped by 90, wind by 70, nuclear increased by 33.

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13
Q

Levelised Cost of Energy

A

Lifetime costs divided by energy production

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14
Q

How much does NE change cost of energy?

A

New GW plant for 4.5 billion USD increase COE by 5 USD/MWh for each percentage point growth in cost of capital

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15
Q

What does the Lazard Support say of LCOE?

A

From 131 to 204 USD/MWh including with US Federal Tax Subsidies, Fuel Prices, Carbon Pricing and Costs of Capital. whilst wind was 26-83 USD/MWh

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16
Q

NE relationship to capital investments

A

60% of 53 nuclear reactors under construction in 2021 are delayed, some taking 35 years to construct, with 12% of the 783 projects in 1970-21 abandoned.

17
Q

What is the range of costs for nuclear accidents?

A

14-8302 billion euros

18
Q

What should be considered in calculating NE cost in terms of LCOE?

A

Loss of capital invested in abandoned projects

19
Q

What is an example of abandonment of nuclear projects?

A

France Superphenix closure cost 10 billion UER shut down after years of low-level operation

20
Q

What is the major investment drawdown of NE?

A

High level of investment failures and costly effects of accidents/catastrophes: the fiftheen largest nuclear accidents since 1960 close to 500 billion USD

21
Q

What is an example of massive expenditure failing to build nuclear?

A

South Carolina nuclear buisness project 9 billion to ‘dig a hole in the ground then fill it back in’, with final costs of 25 billion USD, double its initial expectations

22
Q
A