Monday, January 26, 2009

Bad Reactors

Rethinking your opposition to nuclear power? Rethink again.

By Mariah Blake

Seven years ago, Finland was faced with a daunting energy dilemma. To keep its domestic industries up and running, it needed to double its electricity supply by 2025. At the same time, it had to cut carbon emissions by fourteen million tons a year to comply with its obligations under the Kyoto Protocol. The question was how to fill the gap without stifling its flourishing economy or increasing dependence on costly imports.

As it hunted for solutions, the Finnish government decided to consider a controversial option: building another nuclear power plant. It was not a new idea; in fact, the Finns had weighed and rejected it nine years earlier. But since then, officials reasoned, the situation had changed. Besides a new imperative to reduce carbon emissions, a new generation of nuclear reactors had recently come onto the market. None had been built, but the industry claimed that their simple, standardized designs and modular components would make them far easier and less expensive to assemble than their predecessors. In fact, a study by the Lappeenranta University of Technology, which used figures on par with industry estimates for capital costs, found that a new atomic plant could deliver electricity more affordably than any other large-scale energy option. A group of lawmakers appointed by Prime Minister Paavo Lipponen to study the issue also concluded that a single reactor could create a much greater drop in greenhouse gas emissions than the next cheapest option, building more gas-fired plants. This meant there would be less pressure on the government to enact other mechanisms, such as a gasoline tax, that might put a dent in consumer spending and hamper economic growth.

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