MIT Energy Initiative study reports on the future of nuclear energy

emission reduction targets. One way to avoid these closures is the implementation of zero-emissions credits — payments made to electricity producers where electricity is generated without greenhouse gas emissions — which the researchers note are currently in place in New York, Illinois, and New Jersey.

Another suggestion from the study is that the government support development and demonstration of new nuclear technologies through the use of four “levers”: funding to share regulatory licensing costs; funding to share research and development costs; funding for the achievement of specific technical milestones; and funding for production credits to reward successful demonstration of new designs.

The study includes an examination of the current nuclear regulatory climate, both in the United States and internationally. While the authors note that significant social, political, and cultural differences may exist among many of the countries in the nuclear energy community, they say that the fundamental basis for assessing the safety of nuclear reactor programs is fairly uniform, and should be reflected in a series of basic aligned regulatory principles. They recommend regulatory requirements for advanced reactors be coordinated and aligned internationally to enable international deployment of commercial reactor designs, and to standardize and ensure a high level of safety worldwide.

The study concludes with an emphasis on the urgent need for both cost-cutting advancements and forward-thinking policymaking to make the future of nuclear energy a reality.

“The Future of Nuclear Energy in a Carbon-Constrained World” is the eighth in the “Future of…” series of studies that are intended to serve as guides to researchers, policymakers, and industry. Each report explores the role of technologies that might contribute at scale in meeting rapidly growing global energy demand in a carbon-constrained world. Nuclear power was the subject of the first of these interdisciplinary studies, with the 2003 “Future of Nuclear Powerreport (an update was published in 2009). The series has also included a study on the future of the nuclear fuel cycle. Other reports in the series have focused on carbon dioxide sequestration, natural gas, the electric grid, and solar power. These comprehensive reports are written by multidisciplinary teams of researchers. The research is informed by a distinguished external advisory committee.

Francesca McCaffrey works in communications for the MIT Energy Initiative. Reprinted with permission of MIT News.