Is nuclear power a solution to climate change?

Amid discussion of anthropogenic climate change there has been a steady stream of advocacy for nuclear power to provide low carbon electricity. Several of my exceptionally clever friends describe themselves as being on Team Nuclear, so I wanted to understand a bit about the argument and how the future might play out.


Nuclear electricity has a bit of a bad reputation with the public, due in part to inaccurate perceptions about risk. I happen to believe that solar power will prevail, but for the purposes of this blog, I happily concede that nuclear is significantly less harmful to human health, and has a much lower death rate, than any other form of fossil fuel-derived energy. Even end-of-life disposal costs and radioactive waste are much less harmful than the waste products of, say, coal mining and burning, on a per-kWh basis.

Why, then, do I believe solar power will prevail? In summary, simplicity.

I developed a huge spreadsheet to model costs and the market, but in the end most of the story can be told by looking at relative rates of production, construction, and investment.

In 2018, the following power generation capacity existed worldwide:
Nuclear – 394GW
Solar – 512GW
Grid storage batteries – 1.5GWh.
This compares to a total worldwide electricity generation capacity of about 6500GW.

It is important to note that while solar currently has more installed capacity than nuclear, nuclear generates more power as its capacity factor is about 0.9 compared to 0.15 for solar. Capacity factor encapsulates average output divided by peak output. Nuclear plants are designed to operate at constant, high output for many years between refueling, while solar doesn’t work at night.

So, in terms of total capacity installed, not only is nuclear comparable to solar, the grid batteries necessary to make solar useful in the evening are woefully underdeveloped. If adequate policy changes were enacted in a timely fashion, could nuclear power scale enough to meet nearly all our electricity requirements?

To get a feel for the scaling question, let’s examine the annual growth rate for these power sources:
Nuclear – 0.3%
Solar – 26%
Grid storage batteries – 243%
That is not a typo.

In more detail, consider this graph from Wikipedia showing growth in the nuclear industry over time. Even at peak construction in the early 80s, growth was around 7%/year. Since the Chernobyl accident, global investment and deployment has stagnated.


Compare to this Wikipedia-derived chart of solar PV growth, showing exponential increases over 40 years. Indeed, the current growth rate of solar, a blistering 26%/year, is well below the peak in 2010 of about 50%/year. While not captured in this graph, solar costs fall by about 10%/year, while investment grows at about 20%/year. It is a good time to be in that business!


What about batteries? In addition to being needed for electric vehicles, batteries are needed to buffer the supply of wind and solar power, stabilizing the grid over timescales between minutes and a day.

This remarkable chart from CleanTechnica collates information about present investments in future battery production capacity, and how those investments have changed. In addition to battery production skyrocketing at 243%/year, that growth rate is itself growing presently at about 22%/year. The growth rate has not yet stabilized!

Incredible sums of money are being invested in battery technology because as wind and solar grid penetration climbs, batteries are increasingly necessary, and lucrative to operate. I believe that the growth of grid storage batteries will capture the value of gas peaker plants and dominate the FCAS market.


But can batteries and solar meet 100% of energy needs? Essentially, yes. With current battery technology of about 100Wh/kg and $100/kWh, 30TWh of battery storage for loadshifting would cost $3000b. This sounds like a lot but the global energy market turns over about this much per year. That many batteries, with 2018 technology, would weigh 300m Tonnes, or consume 15 million TEUs. If they were to be transported around the world, this would fill about 1000 containerships. Over a decade-long installation program, 2018 costs would consume about 1.5% of global GDP and 1% of shipping container volumes. Continuing current trends on cost and density would halve these values. I think this is relatively modest.

All I have shown so far is that under present circumstances, solar and batteries are rapidly outpacing nuclear, as well as every other form of electricity generation. Indeed, from a standing start I think it would be difficult for nuclear to catch up, given that at the current trajectory solar will meet worldwide demand by about 2030, and new nuclear plant construction takes about a decade.

But, to be more certain of this conclusion, it is necessary to understand why solar and nuclear have such different trajectories. Is this just a regulatory issue that could be fixed tomorrow? Or is there a deeper, underlying technical reason?

Solar is competitive because it’s cheap, easy, safe with unskilled labor, and not a proliferation risk. Nuclear construction today can be done safely. But solar is safe by default. Solar is cheap because it is simple. It doesn’t require X-ray weld inspection of stainless steel containment vessels. It requires only generic foundations and a generic electrical connector.

But I think this comparison neglects the single most important reason why solar is crushing nuclear. After all, a much simpler and cheaper nuclear plant could be invented tomorrow!

The reason solar is winning is because the manufacturing technology can be iterated every six months, so the learning curve is much faster.

Nuclear power plant technology is iterated roughly every 25 years, or twice in the lifetime of a plant. Many first generation plants are still operational, while few third generation plants have been commissioned, and fourth generation plants are still in the planning stage. Even if every design iteration was a factor of 10 better than the previous one, solar, iterating 50 times faster, could outdo this improvement over the same timescale with a mere 5% improvement per iteration. Since this is roughly the solar learning rate, we can now ask if each nuclear design iteration is 10x better than its immediate predecessor. Obviously not.

Meanwhile, solar panels have already been through hundreds of design iterations. It is the speed of design iteration which drives a 10% price decrease every year.

But decarbonization of electricity is important enough that surely there is room for both nuclear and solar? Oh that this were the case! Nuclear plants are expensive infrastructure with an EROI that is measured in decades. The continuing development of ever-cheaper solar power adds an unacceptable level of financing risk to any nuclear plant development. That is, the business case for a new nuclear plant development would be in serious trouble if the wholesale electricity price dropped by even 10%. Yet we’re within a year of solar developers bidding <$10/MWh, which is more than 10x cheaper than the cheapest electricity I’ve ever paid for.

Even if the regulatory burdens and public perceptions about solar and nuclear were reversed, I very much doubt that nuclear would be able to compete in this environment. How can nuclear plant developers borrow money if their business case might evaporate before they’re done pouring concrete?

I don’t imagine that this is the last word on nuclear power. In particular, I’m very bullish on its prospects for electricity generation in space. If I have neglected some crucial piece of the puzzle, please let me know.

18 thoughts on “Is nuclear power a solution to climate change?

  1. I advise reading The-Future-of-Nuclear-Energy-in-a-Carbon-Constrained-World. They did a more in depth analysis. It’s not quite as simple as you make it out to be and you have to consider geography, reliability, etc.


  2. Nuclear is much better than solar and wind in terms of energy produced pr square meter. Im not sure if this changes anything, but land area might be a limiting factor.


      1. “The most important metric is power per kg.’”
        Nuclear trumps solar then : ) Higher power per kg (dependant on design).

        Liked by 1 person

  3. I think your comment at the end “I’m very bullish on its [nuclear’s] prospects for electricity generation in space” is very telling. Solar doesn’t work everywhere. For places on Earth with little sunlight for much of the year, next-gen nuclear (say one of these: could be an attractive option. Even if Solar dominates 95% of electricity production on earth, 5% of all electricity generation on earth is still a big number. And as you said, nuclear may be the best option in many space applications.

    Liked by 1 person

    1. Have you done the calculations to reveal how much land area you propose to cover with solar farms to match 95% of final energy demand with a 5 to 15% overbuild as Casey suggests in his battery article and with 60W/m2 Nameplate capacity, 18% capacity factor, 1700kWh/m2 per year 26000TWh/per year US primary energy with a 42.5% efficiency saving from electrification, it works out as 12 to 37% of US land covered with solar farms. This is madness. Please explain.


      1. I think you’re effectively including capacity factor twice, since it looks like it’s already baked into the NREL capacity-weighted average. With surface solar irradiance ~1,000 W/m2 at noon, and 20% PV efficiency, that would give a nameplate rating of around 200 W/m2. Applying the capacity factor ~20% would then give you ~40 W/m2, or 346 KWh/m2/year of actual production. If we assume for convenience that overbuild or storage losses are roughly canceled by that electrification savings, we’d need about 7.5 billion m2 or 7,500 km2 – roughly the size of White Sands missile range in sunny New Mexico, not that you could actually put it there due to all the unexploded weapons. But we do absolutely have enough spare desert lying around if we need it.


  4. While solar has an appearance of quickly taking over I am concerned not just over the amount of land area needed, but also by the use of materials which can and do contaminate areas badly. Also again the shortage of materials to make batteries. Another thing, and maybe I should not go political but I will , is that a lot of this material is under the control of China. While I have seen supposed pictures of places where these materials have been mined and processed. I hope that in our country and others we do not allow this kind of contamination. I may not be looking at it with an unbiased mind but contamination does not go away in a short time. This country does not have a great record on contamination but it is trying to do better and a lot of citizens trying to make it better.

    Liked by 1 person

      1. Yes, I have. But I believe the refineries in the US are at least 30 years old or older. No new ones have been built or considered, just like nuclear plants in the US. But I was comparing solar to nuclear plants and how solar has a lot of problems also, just like nuclear. The materials needed for solar and the batteries they need are just as dangerous in their own way as nuclear or oil refineries.


      2. I have not said anything about coal, China is using it a lot, but most western countries are leaving it. It is a mess, but why create more environmental burdens with solar and batteries?


      3. “If you want to enjoy technology, mines will have to exist.”
        I agree but their footprint should be minimised to the maximum possible extent. As should any power generation capabilities.


  5. Fusion, though, the kind that is 30 years away.
    Has all the advantages of fission and almost none of the drawbacks. Deffo better than solar.


    1. The main drawbacks of fission are described in this blog entry: cost and slow iteration due to complexity. Fusion has these drawbacks to an even greater extent, as well as the reactor having a power density an order of magnitude (or more) worse than fission. So, no, fusion is actually worse than fission. It’s a meme technology, not something that one should expect to be successful.


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