Securing our nuclear future - Western Engineering€¦ · Securing our nuclear future Presented to:...
Transcript of Securing our nuclear future - Western Engineering€¦ · Securing our nuclear future Presented to:...
Securing our nuclear future
Presented to:University of Western Ontario
Presented by:Duncan Hawthorne
President & Chief Executive Officer
September 28, 2006
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Global Energy Factors
• Increase in worldwide demand.• Security of supply concerns• Aging infrastructure• Market designs changing• Greater recognition of environmental concerns• Society preference for renewables… but changing !!!!
Given this common set of global energy factors the need for new nuclear is clear. For this reason, the debate over new
nuclear is taking place throughout the world.
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Global Electricity Demand
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5,000
10,000
15,000
20,000
25,000
30,000
2002 2010 2015 2020 2025
*Billion Kilowatthours
By 2025 electricity consumption from emerging economies will increase by over 250%.
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Solar Wind Hydro Gas Nuclear Coal
Source: Ipsos-Reid, 2005.
Public Opinion
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“There is no sensible alternative to nuclear power if we are to sustain civilization.”
James Lovelock, preeminent world leader in the development of environmental consciousness
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Nuclear in the world today
• There 440 commercial nuclear power reactors operating in 31 countries, with over 364,000 MWe of total capacity.
• These units supply 16% of the world's electricity, as base-load power, and their efficiency is increasing.
• 56 countries operate a total of 284 research reactors.
The vast majority of these commercial nuclear power reactors will be reaching their end of life in the next 2 decades and will require
either refurbishment or replacement.
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Reactors Globally
441Total
4Japan, France, RussiaFast Neutron Reactor (FBR)
12RussiaLight Water Graphite Reactor (RBMK)
40Canada, China, RomaniaHeavy Water Reactor (CANDU)
23United KingdomGas-cooled Reactor (Magnox & AGR)
94United States, Japan, SwedenBoiling Water Reactor (BWR)
268United States, France, Japan, Russia
Pressurized Water Reactor (PWR)
NumberMain CountriesType
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New Reactors Globally
6China, India, RomaniaHeavy Water Reactor (CANDU/PHWR)
2ChinaBoiling Water Reactor (BWR)
21China, India, Russia, Japan, Finland, Pakistan
Pressurized Water Reactor (PWR)
NumberMain CountriesType
Approximately 30 power reactors are being constructed in 11 countries:
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7%
43%
56%
3%
44%
15%
2%
31%
0%
33%
79%
31%
37%
3%0% 0% 0%
29%
0% 0%
45%
70%
5% 4% 3%9%
16%
56%
42%
6%
20%
45%
32%
0%
49%
20%19%
0%0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
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% o
f Ele
ctric
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uppl
y
Source: WNA
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Arge
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# of
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Operating Reactors Reactors under construction/planned/proposed
Source: WNA
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Performance of nuclear plants worldwide
78.4 78.483.5
91.1
79.3
67.473.8 71.6
87.3
77.3 77.8
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W orld W ide CANADA CHINA FINLAND FRANCE INDIA JAPAN RUSSIANFEDERATION
SW ITZERLAND UNITED KINGDOM UNITED STATES OFAMERICA
Lifetime Unit Capability Factor (until 2005)
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Opportunities
USAUSA"A secure energy future for America must include more nuclear power." President George W. Bush
CanadaCanada"Nuclear power provides reliable baseload power and has historically been the backbone of Ontario’s energy system." Energy Minister Dwight Duncan
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OpportunitiesFinlandFinlandOlkiluotoOlkiluoto--33
RussiaRussia10 GW of new 10 GW of new nuclear by 2020nuclear by 2020
ChinaChina30 new reactors 30 new reactors by 2020by 2020
FranceFranceNational Debate National Debate on new buildon new build
UKUK““Back on the Back on the agenda with a agenda with a vengeancevengeance””PM Tony BlairPM Tony Blair
New Entrants
VenezuelaConsidering nuclearVenezuelaConsidering nuclear
VietnamAnnounced intention to build
VietnamAnnounced intention to build
IndonesiaConsidering nuclear
IndonesiaConsidering nuclear
North KoreaProliferation concernsNorth KoreaProliferation concernsIran
Proliferation concernsIranProliferation concerns
TurkeyAs many as five plantsTurkeyAs many as five plants
Nigeria Diversify Energy Mix With Nuclear
Nigeria Diversify Energy Mix With Nuclear
Slovenia
SloveniaExploring New BuildSloveniaExploring New Build
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Nuclear’s Market Share in Canada Today
Nuclear15%
Gas3%
Renewable1%
Coal22%
Hydro59%
Source: Canadian Nuclear Association
New Brunsw ick
5%
Ontario90%
Quebec5%
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The need to plan ahead
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Cap
acity
(MW
)
Operating Capacity Units 1,2 and 3 Capacity when Refurbished
New Build or Bruce B refurbishment
The output profile of the Bruce site is the same as many commercial nuclear facilities throughout the world
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Ontario’s Energy Supply Mix - 2005
Natural Gas7%
Coal19%
Nuclear51%
Hydro/Renewables23%
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Ontario’s Supply Mix – Directive to OPA
Natural Gas/Co-gen,
9,400
Gasification, 250
Conservation, 6,300
Nuclear, 14,000
Renewables, 15,700
• Long-term coal replacement through conservation and renewables.• Increase in gas to meet growing peak demand.• Develop hydroelectric generation to meet growing demand.• Replace nuclear with nuclear.
Securing our nuclear future
Presented to:University of Western Ontario
Presented by:Duncan Hawthorne
President & Chief Executive Officer
September 28, 2006
Additional Slides
Presented to:University of Western Ontario
Presented by:Duncan Hawthorne
President & Chief Executive Officer
September 28, 2006
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About Bruce Power• Canada’s only private nuclear
generator• Formed in May of 2001• More than 4,700 MW of capacity
from six operating units• Another 1,500 MW to be added with
restart of Units 1 and 2• Partnership between TransCanada,
OMERS, Cemeco, PWU and Society
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About Bruce Power
Largest nuclear site in North America• Spread over 2,300 acres and
has 56 kms of roadway• Includes supporting
infrastructure, training centre, Visitors’ Centre
• About 3,600 full time employees
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Bruce A Restart: Project Overview
• Fuel channel replacement• Steam generator replacement• Feeder pipe segment
replacement• Turbine-generator
refurbishment• Balance of plant work
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Units 1 and 2 restart: making progress• Approved Environmental Assessment• Preparations nearing completion
• Construction Island complete• Reactor mock-up turned over to AECL• Bulkhead progress • Steam drum inspections underway • Crane assembly underway• Turbine and electrical inspections• Balance of Plant contracts established
• Approximately 1,000 contract staff hired to date – 800 on site• New simulator building underway • 134 operations staff hired to date
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Nuclear- Part of the Solution• Nuclear power provides clean, safe, economical electricity.• Use of nuclear power in Canada has avoided:
• >1 billion tonnes of carbon dioxide (CO2) emissions• 11 million tonnes of sulphur dioxide• 2.5 million tonnes of nitrogen oxides
• Without nuclear plants in Canada, annual CO2 emissions would increase by 15-20%.
• Nuclear Power accounts for 50% of Ontario’s supply and 15% nationally.• Nuclear Power is safe and operates in a heavily regulated environment
both nationally and internationally.• Nuclear power is financially competitive with all sources of new
generation currently under consideration across Canada.
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Nuclear: Securing Ontario’s Economic Future• In 2005, produced over 50% of Ontario’s power.• Source of affordable, reliable baseload electricity.
• Essential for Ontario’s manufacturing sector.• Stabilizing impact on Ontario market prices.• Refurbishment and new build could attract private sector
investment to Ontario and mitigate risk.• Industry in Canada accounts for 21,000 direct jobs and
10,000 indirect jobs.• Given the activity and attrition expected in the industry over the
next two decades, there will be a significant demand for thousands of young skilled Ontario workers.
Ontario accounts for approximately 40.0% of Canada's GDP.
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Strong Public Support - Ontario
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Support for Refurbishment
Support for New Build
Since May 2005 support for nuclear in terms of new build and refurbishment is up by over 10%.
Source: Canadian Nuclear Association
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Planning for the future
• Bruce Power is evaluating new build and refurbishment options for the site.• Process has been underway since January, 2004• Next step in the process was to file an initial site
license application with the CNSC and prepare to conduct an EA.
• Long-term planning is considering the possibility of 4,000 MW of new build.