The above graphic is from The deepest cuts, a contribution fromThe Economist to grappling with the “big picture” on effective carbon avoidance strategies.There are some obvious problems with the numbers in Chart 1 – particularly the Cumulative Emissions avoided by Hydropower and Nuclear. There are also some very big issues with the Chart 2 where authors attempt to project the carbon avoidance situation in 2020. I addressed some of these issues in my comments to the article:
I hope this is just the beginning of an ongoing Economist project to refine and update an understanding of what is working, what is not working – all in the context of the essential measure of cost/benefit, specifically cost-per-ton-CO2-avoided.
I need to highlight a few errors in your data presentation. In your Chart 1 you report Cumulative Emissions Avoided for both Hydropower and Nuclear that understate the actual avoidance by roughly thirty times. Nuclear and hydropower avoidance should be about 64 and 90 GtCO2-eq respectively vs. your 2.2 and 2.8 GtCO2-eq. I derived these values from two sources. First, the IAEA report you referenced Climate Change And Nuclear Power 2013 states on page 14
Over the past 50 years, the use of nuclear power has resulted in the avoidance of significant amounts of GHG emissions around the world. Globally, the amount of avoided emissions is comparable to that from hydropower.
The authors calculated the 64 GtCO2-eq avoidance based on a different IAEA source document: Energy, Electricity and Nuclear Power Estimates for the Period up to 2050: 2011 Edition; International Atomic Energy Agency, 2011.
Is 64 GtCO2-eq a big number? It is a Very Big Number, as Pushker and Hansen 2013 contrast to 35 years of USA coal emissions:
For instance, 64 GtCO2-eq amounts to the cumulative CO2 emissions from coal burning over approximately the past 35 yr in USA
Regarding your Chart 2, forecasting “the policies likely to have the biggest impact in 2020″ is a courageous undertaking. To make useful projections requires a deep knowledge of the energy industry, the electric power industry, economic forecasting and the political trends of the significant emitting countries. That is a Very Big Ask, so I decided to have a look for related work by the firm retained by The Economist: namely Climate Action Tracker. The principles of this consulting firm are listed as Dr. Bill Hare, Dr. Niklas Höhne, Dr. Johannes Gütschow and Dr. Michiel Schaeffer. The first three gentlemen are affiliated with the Potsdam Institute for Climate Impacts Research (PIK). That affiliation immediately boosted my estimate of the Climate Action Tracker qualifications because I have been studying the work of other PIK researchers who have been publishing very important and original work on the difficult subject of integrating variable renewable generation sources, especially at potentially high future penetration levels. This work requires a deep understanding of electric power systems. In particular I will recommend these three PIK papers:
- Hirth, Lion, The Optimal Share of Variable Renewables. How the Variability of Wind and Solar Power Affects Their Welfare-Optimal Deployment (November 8, 2013). FEEM Working Paper No. 90.2013. Available at SSRN: http://ssrn.com/abstract=2351754 or http://dx.doi.org/10.2139/ssrn.2351754
- Ueckerdt, Falko and Hirth, Lion and Luderer, Gunnar and Edenhofer, Ottmar, System LCOE: What are the Costs of Variable Renewables? (January 14, 2013). Available at SSRN: http://ssrn.com/abstract=2200572 or http://dx.doi.org/10.2139/ssrn.2200572
- Hirth, Lion and Ueckerdt, Falko and Edenhofer, Ottmar, Why Wind is Not Coal: On the Economics of Electricity (April 24, 2014). FEEM Working Paper No. 39.2014. Available at SSRN: http://ssrn.com/abstract=2428788 or http://dx.doi.org/10.2139/ssrn.2428788
What I found in an afternoon of Internet research on Climate Action Tracker gives me concern about the Chart 2 conclusions. You have probably noticed in Chart 2 that in the six short years to 2020 nuclear power has become so insignificant it doesn’t even make the top-eleven list. That is puzzling, as nuclear power is currently the largest source of non-hydro emission-free electricity.
I confess that all of my searching for anything related to nuclear power trends in publications by Climate Action Tracker principles is alone update: Climate Action Tracker Update, 30 November 2012 from which I have extracted the only two, widely separated paragraphs wherein nuclear is even mentioned:
…Society also would lose the ability to choose whether it wants technologies like carbon capture and storage and nuclear energy, because those, along with bio-energy, would likely have to be deployed on a larger scale.
…More pressure on future policy requirements. For example, full global participation would be required after 2020, and society may have little freedom to choose technologies, such as the freedom to reject large-scale nuclear energy, CCS, or bio-energy.
The only way I can read these comments is that the authors political view is that nuclear power should be rejected. This supports my conclusion that the members of Climate Action Tracker are possibly experts in climate science, but perhaps not so expert in the electric power industry and the economics of energy. The economics is fundamental to policies that can be implemented in the real world.