The Reactors That Will Revolutionize Nuclear Energy
CHRISTINE TODD WHITMAN: We’re at a turning point in energy. The U.S. should be a leader in mitigating climate change and meeting a nearly 30% increase in U.S. demand for electricity projected by 2040.
Success in this double-barrel challenge will require energy and environmental policy that recognizes the rapidly evolving variables in both disciplines, as well as technology advances that will be a key driver in our success. One example: Renewable energy has grown dramatically and is a big part of the solution, but because of its intermittent production and lack of energy storage, cannot meet a significant growth in 24/7 electricity demand.
Nonetheless, renewable-energy technologies will continue to advance, as will other carbon-free power sources like nuclear energy. The nuclear industry is developing new technology that will be up and running inside of 10 years—a smaller reactor option built at much lower capital costs.