Good post. I think most of us can agree that there are some functions that are inherently governmental. Things like the control of airspace over the United States of America is a big one that comes to mind. I am sure you can come up with some as well.
the only reason gov't MUST be involved is if the scope of the project is larger than what private enterprise can handle. Given that there are very few things the US government does, the list is pretty short when you talk about projects the government must do.
There are alot of things the government can do to help private enterprise make solutions work.
Sadly, the US government has not done near enough to help develop nuclear energy in the US; it is noteworthy that US companies have more success selling nuclear technology outside of the US than inside.
Currently, there are 436 nuclear reactors safely generating electricity around the world,
accounting for about 15% of global electricity output. According to the World Nuclear
Institute and the International Atomic Energy Agency (IAEA), 53 reactors are currently
under construction with an additional 137 planned or on order in 26 countries. Nuclear
power is playing an important role in the fuel mix of the world’s largest and fastest
growing economies. China has announced ~60 GW (at least) of new nuclear power
capacity will be built by 2020. India plans to add the same amount by 2032, and Russia
plans to add 30 GW by 2020. In the US, the Department of Energy (DOE) has received
applications for more than 36 new GW of new construction – a large number, but barely
sufficient to cover the 32 GW of nuclear plants that are scheduled to retire in the next 20-
25 years. GEH is pursuing opportunities for new plants worldwide.
Over time, the Company expects this growth to continue. As the climate change debate
migrates from promises to policies, power and environmental experts are in agreement
that increasing the share of nuclear power in the global energy mix will be an essential
component of achieving emissions targets.
According to the US Environmental Protection Agency, electricity generation alone
accounts for 41% of all greenhouse gas (GHG) emissions – and likely more as economies
develop around the world. Increasing the spread of low-carbon sources of power (such as
solar, wind, and nuclear power) and lower-carbon sources of power (such as highly
efficient natural gas turbine power) will be essential to limit GHG emissions growth. As
such, the Company has invested heavily into solar, wind and natural gas power
technologies. However, these power sources cannot be the entire solution to the global
GHG challenge. Solar and wind power currently account for ~5% of US power
generation. Utilities still must rely on coal and natural gas technologies to provide power
during periods when the wind does not blow or at night. Nuclear power, by contrast, is
the only technology option available today able to provide steady, baseload power supply
throughout the day, while emitting virtually zero carbon. According to IAEA (How Safe
is Nuclear Energy, 2006), the complete nuclear power chain, from uranium mining to
waste disposal, including reactor and facilities construction, emits only 2-6 grams of
carbon per kilowatt-hour. Therefore, the operation of the world’s nuclear power reactors
avoids the release of roughly 600 million metric tons of carbon annually.
Looking forward, The World Economic Forum’s 2008 analysis of energy states that
nuclear energy is “probably the best option for carbon-neutral energy from the
perspective of currently available and easily scalable technologies.” The International
Energy Agency (IEA) concluded in its 2009 World Energy Outlook that stabilizing the
level of CO2 in the atmosphere at sustainable levels will require nearly doubling the
world’s nuclear capacity by 2030. Support for nuclear power as a force for combating
climate change is growing outside of the energy industry as well – Patrick Moore, cofounder
of Greenpeace has said: “Nuclear energy is the only large-scale, cost-effective
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energy source that can reduce these emissions while continuing to satisfy a growing
demand for power.”
Besides its climate-friendly attributes, the promise of nuclear power is bolstered by
increasing recognition of its cost-effectiveness and distinguished safety record. In 2008,
the 104 nuclear power plants in the US had a capacity factor of 91.5%, by far the highest
capacity factor among all generation technologies. This exceptionally reliable
performance contributes to operating costs that are far lower than coal or natural gas-fired
power (roughly $15-20/MWh vs. $40/MWh of natural gas at $5/MMBtu gas prices). In
the modern era, Gen III reactors like GEH’s ABWR and the new ESBWR have been
designed to achieve even higher power output with higher safety levels at lower lifecycle costs.
http://www.gepower.com/prod_serv/products/nuclear_energy/en/downloads/GE_Report_on_Nuclear_Power_Business_(Final).pdf
Note that GE Power and Hitachi jointly develop and sell nuclear power systems.
here is a great report on the status of nuclear power worldwide.
http://www.bmu.de/files/english/pdf/application/pdf/welt_statusbericht_atomindustrie_0908_en_bf.pdf
note that while the US generates about 30% of all the nuclear power worldwide, the number of new reactors on order in the US is not enough to replace the capacity that will be shut down as nuclear plants reach the end of their life cycles.