Doosan Enerbility’s Post

France regained its position as Europe’s largest net power exporter in 2023, overtaking Sweden, amid a 15% increase year on year in nuclear output, preliminary data from Montel’s EnAppSys - Energy Insight show. France exported 50 TWh more than it imported last year, after becoming a net power importer for the whole of 2022, at around 17 TWh, for the first time in more than 40 years. https://lnkd.in/edRzCTeg

The alliance of the EU member states said they need an additional 50 GW of nuclear power by 2050, requiring over 30 new reactors to cost €5 - €11 billion per GW. When expressed in terms of electricity production (kWh or GWh), costs take into account the total cost of generating unit of power: investment in construction, operation (day-to-day running, maintenance, etc.) and fuel (loading, life cycle, etc.). This is the Levelised Cost of Energy (LCOE). However, estimates often focus on the investment costs required to construct the plant (measured in kW, GW) because it represents around 70% of the cost of a new reactor, while operating costs represent only around 15% and fuel costs around 15% of the total amount.

Energy prices for consumers have been affected by the recent Russian invasion. However, renewable energy developments and energy savings are softening prices in the long run. In Slovakia, nuclear energy is also contributing to energy security. Check out my commentary on Slovak National TV for more information: https://lnkd.in/dAYS8h5H #energy #renewables #energysecurity

The coupling of nuclear power with energy intensive industries has been around as long as EPRI (Electric Power Research Institute) and Aquatech! Meet Patrick Randall at this workshop to learn why.

Hydro power provides the majority of electricity in BPA, which covers Washington, Oregon, and the surrounding area. In times of peak demand, over 2/3 of electricity comes from hydro. However, availability is highly seasonal. Historically, production has peaked in May around 14 GW, but is lowest in April around 7 GW. In times of low availability, natural gas and nuclear power grant a constant supply. See how resources change in your state at www.GridClue.com!

On January 23rd, EDF announced a further delay to its Hinkley Point C nuclear power station, with the first unit not coming online until 2029 at the earliest. Without further extensions to the 5 nuclear power stations currently operating in Britain, this delay means that only Sizewell B will remain operational in 2028. This means nuclear capacity will decrease 73% from today’s level, to a 64-year low of 1.2 GW. Hinkley Point C was expected to generate up to 21.7 TWh of zero-carbon electricity in 2028 - gas CCGT generation is projected to meet 60% of this shortfall. This will increase emissions by 10 MtCO2 across the delayed period - equivalent to 19% of total power sector emissions in 2022. Power prices will also increase by up to £5/MWh as this gas generation replaces it in the wholesale market, while price spreads decrease slightly by £1/MWh. The fall in price spread could cause a 3% reduction in battery energy storage revenues in 2028, although this is offset by an increased likelihood of price spikes.

Reliable always on power. Nuclear is a super critical part of an all of the above solution to climate change. (Pun intended)

We are all better when we can share and learn from one another – that’s true for utilities also! Groups such as North American Transmission Forum, Inc., North American Generator Forum, and Institute of Nuclear Power Operations (INPO) have provided forums for transmission, generation, and nuclear power operators to share and promote operational excellence for those functions. We launched EPRI's Distribution Forum (DxF) last year to collaborate through a structured platform to exchange insights, share and document leading practices, and tackle industry challenges in a confidential setting. Best of all, DxF members can leverage EPRI research results and subject matter experts to drive progress and refine leading distribution operations. More than thirty energy companies and seventy distribution operating companies are already participating. Any organization operating distribution systems in North America is invited to join and help shape the future of electric distribution! Let me know if you’re interested to know more. https://lnkd.in/e8zgegtk