Re: Can Nuclear Power Deliver?

That's all under the (very plausible) assumption that choices in the
energy system continue to be driven by an economic rationale, leading
to an energy system primarily based on carbon fuels and nuclear power.
If one looks to what is politically feasible, and restrains the time
horizon, then it's clear that practical options are limited. 80% of the
world's energy system is based on carbon fuels, and with the current
trend, the share carbon fuels is going to increase in the coming 20-30
years with the foreseen growth of more than 50% in energy demand.

The fact that not much has changed in Europe or US over the past 30
years is that energy is simply too cheap - even at today's prices, to
conserve it or to find alternatives. An average household in Europe
will spend only a few % of its disposable income on energy. The energy
economy (electricity, coal, gas, oil, renewables) is about 6% of GDP
but much more than half of this goes to taxes, and costs of electricity
distribution, which leaves 3% of GDP for primary energy. Surely, we
could afford to pay much more, should we wish.

.

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