The U.S. Energy Information Administration’s (EIA) 2017 Annual Energy Outlook (AEO2017) Reference case assumes that approximately 25 percent of the nuclear capacity currently in operation that does not have announced retirement plans will be out of service by 2050.
Nuclear power currently makes up about 20 percent of electricity generation in the United States and
serves as baseload generation.
Almost all currently operating nuclear facilities began operation between 1970 and 1990. These plants have an original 40-year operating license, and 90 percent of plants now in use have either received or applied
for a 20-year extension. In order to operate beyond that 60-year timeframe, the facilities would require a
license renewal before 2050.
According to the AEO2017 Reference case, only four reactors currently under construction and some uprates at existing plants are projected to come online by 2050.
In EIA’s Reference case projections, the share of nuclear energy in the U.S. electricity generation mix is expected to fall from 20 percent in 2016 to 11 percent in 2050. More nuclear capacity is being retired than is being built, and natural gas and renewables are gaining market share.
The case also states that 9.1 gigawatts (GW) of nuclear capacity will be added between 2018 and 2050, as well as 4.7 GW of capacity results from operational changes that allow existing plants to produce more electricity. EIA projects that, during the same time period, 29.9 GW of nuclear capacity will be retired, resulting in a net decrease of 16.1 GW.
The power industry and policymakers should consider implementing several recommendations now to meet expected supply shortfalls prior to the start…
Looking to cut down on the difficult nature of the work for humans and improve consistency of the outcome, the…
Toledo Edison this month began a massive streetlight conversion project through Sylvania, Ohio, installing the first of 1,650 LED replacements.…
Peter Sena III has been named the new chairman and CEO of Southern Nuclear, a subsidiary of the Southern Company.…
The U.S. Department of Energy’s (DOE) Argonne National Laboratory (ANL) is con structing a research and development (R&D) facility to…
A program that provides a 10 or 20-percentage point boost to the investment tax credit for qualified solar or wind…
This website uses cookies.