
Clean Power Professionals Group
This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.
Shared Link
BloombergNEF CEO: We Need To Talk About Nuclear Power
Michael Bloomberg's investment of $500 million in wind and solar is a mistake, according to the CEO of his company Bloomberg New Energy Finance (BloombergNEF). Michael Liebreich says renewables are "hardly a particularly convincing springboard" for decarbonizing the global energy system. He notes EON’s Isar-2 nuclear power plant in Bavaria, built in 1988, "produced 83% as much zero-carbon power in 2018 as all the wind turbines in Denmark," adding "German anti-nuclear activists will be weighed in the same scales by history as fossil fuel promoters."
Given Michael Bloomberg hasn't invested a dime in it, "We Need To Talk About Nuclear Power" might have been addressed to Liebreich's boss.
BloombergNEF CEO: We Need To Talk About Nuclear Power
We need to talk about nuclear. And I mean really talk, in a truth-and-reconciliation, moving-forward kind of way, not a let’s-all-shout-slogans-at-each-other, my-tribe-versus-your-tribe kind of way. Serious people are finally talking about decarbonizing national economies by mid-century, but such talk must be accompanied by credible plans – and no plan can be considered credible if it does not deal explicitly with nuclear power. If nuclear is in, what role will it play in the energy system? How are you going to ensure plants are affordable, built on time and to budget? How are you going to fund it? What are your assumptions about new nuclear technologies? And what is your long-term plan for nuclear waste? If nuclear is out, then how are you proposing to meet the world’s growing energy needs? Not just current electricity demand, but also the power required to electrify transport, heating and industry? And not just when it is sunny or windy, but all day every day, every week, every month, every season?
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate