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IAEA urges World Bank to support Nuclear Energy for decarbonization

iaea.org

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Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#2
In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's readiness to support countries, particularly in the developing world, in integrating nuclear power to meet climate goals.

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#3
post #2

In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's…

There is no need for nuclear, when you look at the scale that renewables are growing.

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#4
post #2

In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's…

There is no need for nuclear, when you look at the scale that renewables are growing.

This is not an argument. Good investment in any sector requires diversification.

The IPCC 1.5°C report published late in 2018 presents 89 mitigation scenarios in which nuclear generation grows on average 2.5 times from today’s level by 2050.

Besides the fact that no one predicts how much more renewables can scale, where prices will go, and whether they will be enough. All it takes is one war or a few more tariffs with China to screw up renewable-only decarbonization.

That's why it's important to diversify and not assume anything. If a source is green, it must be used.

Then it's curious how all the anti-nuclear people I argue with are from Germany. You have chosen your own path, don't come and impose your ideologies on others :)

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#5
post #4

Earlier quoted context omitted.

There is no need for nuclear, when you look at the scale that renewables are growing.

This is not an argument. Good investment in any sector requires diversification. The IPCC 1.5°C report published late in 2018 presents 89 mitigation scenarios in which nuclear generation grows on average 2.5 times from today’s level by 2050. Besides the fact that no one predicts how much more renewables can scale, where prices will go, and whether they will be enough. All it takes is one war or a few more tariffs wit…

As long as it’s your fiat, spend it however you want. Don’t come to the public coffers for a boondoggle though. We are rapidly approaching 1TW/year deployment rates of solar, and every time manufacturing capacity doubles, cost drops 20%.

You could replace all of the world's nuclear generation capacity (~370GW) with battery firmed solar in less time than it will take to build a single nuclear reactor (~10 years from shovels in the dirt to first kwh to the grid). Components in both the solar and batteries are mostly human safe compared to fission, and can be recycled using existing processes today. Australia, for example, has 10,000x the solar potential of its current electrical usage.

But I digress; I assume nuclear proponents will continue to beat the drum until the last nuclear generator is sunset. Solar is the ultimate democratization of energy, and we don't need PR puff pieces; we need the solar manufacturing and deployment flywheel to keep spinning up. Enough sunlight falls on the Earth in under an hour to power humanity for a year.

https://archive.is/2024.06.24-223854/https://www.economist.c...

https://ourworldindata.org/data-insights/solar-panel-prices-...

https://www.energy.gov/eere/solar/solar-manufacturing-map

https://www.solarpowereurope.org/insights/interactive-data/s...

(think in systems)

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#6
post #4

Earlier quoted context omitted.

This is not an argument. Good investment in any sector requires diversification. The IPCC 1.5°C report published late in 2018 presents 89 mitigation scenarios in which nuclear generation grows on average 2.5 times from today’s level by 2050. Besides the fact that no one predicts how much more renewables can scale, where prices will go, and whether they will be enough. All it takes is one war or a few more tariffs wit…

As long as it’s your fiat, spend it however you want. Don’t come to the public coffers for a boondoggle though. We are rapidly approaching 1TW/year deployment rates of solar, and every time manufacturing capacity doubles, cost drops 20%. You could replace all of the world's nuclear generation capacity (~370GW) with battery firmed solar in less time than it will take to build a single nuclear reactor (~10 years from s…

You have not answered any of my points. You are only making propaganda. Have fun.

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#7
post #6

Earlier quoted context omitted.

As long as it’s your fiat, spend it however you want. Don’t come to the public coffers for a boondoggle though. We are rapidly approaching 1TW/year deployment rates of solar, and every time manufacturing capacity doubles, cost drops 20%. You could replace all of the world's nuclear generation capacity (~370GW) with battery firmed solar in less time than it will take to build a single nuclear reactor (~10 years from s…

You have not answered any of my points. You are only making propaganda. Have fun.

[deleted]

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#8
post #2

In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's…

There is no need for nuclear, when you look at the scale that renewables are growing.

Isn't climate change supposed to cause more extreme weather? Seeing how renewables are very much reliant on weather conditions it seems best to diversify and have a clean energy source that won't be negatively impacted from the extremes.

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#9
post #6

Earlier quoted context omitted.

As long as it’s your fiat, spend it however you want. Don’t come to the public coffers for a boondoggle though. We are rapidly approaching 1TW/year deployment rates of solar, and every time manufacturing capacity doubles, cost drops 20%. You could replace all of the world's nuclear generation capacity (~370GW) with battery firmed solar in less time than it will take to build a single nuclear reactor (~10 years from s…

You have not answered any of my points. You are only making propaganda. Have fun.

[deleted]

Re: IAEA urges World Bank to support Nuclear Energy for decarbonization

#10
post #2

In an address to the World Bank Group Executive Board, IAEA Director General Rafael Mariano Grossi criticized the disproportionate financial support for fossil fuels over nuclear energy by multilateral development banks. He emphasized the need for increased funding for nuclear projects to achieve global decarbonization, aligning with COP28 commitments to triple nuclear capacity by 2050. Grossi highlighted the IAEA's…

There is no need for nuclear, when you look at the scale that renewables are growing.

Renewables aren’t a silver bullet they are made out to be. They are particularly bad for grid stability something that goes unmentioned in discussions. Nuclear excels at that, both are needed. But pound for pound nuclear is just a better resource on most counts: land use area, energy density, stable generation and cost too if you factor in all the storage and power filters[1] that renewable needs. Nuclear waste is a manageable problem if not for the fear mongering.

[1] https://youtu.be/LklUVkMPl8g?feature=shared

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