These results encouraged the
Canadian Nuclear Association to reassess
these results with some more upbeat input assumptions with respect to nuclear electricity.
The Canadian nuclear industry knows CANDU plants can be built in less than
five years. A higher degree of urgency with respect to lowering greenhouse
gases could lead to earlier decisions to deploy more nuclear plants. The
nuclear industry has also started to build on lessons learned with the first commercial
reactors to come up with lower cost designs.
In essence, we repeated the
analysis of the Analysis and Modeling group to incorporate modified input
assumptions for start and build time. An additional case incorporated the
lower cost of the new design.
The model
then chose to build new nuclear plants – essentially
in place of sequestration from fossil plants
and the expansion of hydro electricity. The lower cost of electricity also
resulted in some expansion of electricity use displacing other energy sources.
The cost reduction of nuclear of 30% changed the model predictions quite
dramatically, illustrating the high sensitivity of the least cost model to
economic conditions.
These results are available to the National
Climate Change Process.
References on NG CANDU available at:
http://www.cns-snc.ca/events/CCEO/table_cceo1.htm
Torgerson, David F., “Reducing the Cost of the
CANDU System” CNS Climate Change Symposium,
Ottawa, Ontario, 1999 November 19
Wren,
D.J. and J.M. Hopwood, “The CANDU Contribution to Environmentally Friendly
Energy Production”, Climate Change 2:
Canadian Technology Development Conference, Toronto, Ontario, 2001 October 3-5.