Integration of nuclear energy in the energy system. Scenario analysis for the Dutch energy system
report
Nuclear energy can contribute to a future sustainable energy system in the Netherlands. Research conducted by TNO and NRG PALLAS explored how nuclear energy might be integrated into the energy system. The findings suggest that, in pursuit of a climate neutral energy system with the lowest societal costs, there is a possible viable role for both large-scale nuclear power plants (NPPs) and small modular reactors (SMRs). Large NPPs offer the advantage of diversifying electricity generation alongside renewable sources like wind and solar. Additional electricity can support further electrification of the energy system, leading to greater overall cost efficiency. SMRs, on the other hand, are particularly promising for supplying industrial heat. However, the attractiveness of new nuclear plants depends on several uncertainties, such as investment costs, future electricity demand, and the dynamics of electricity and hydrogen imports and exports. From an electricity market perspective, this study finds that integrating nuclear energy into the generation mix lowers average electricity prices. However, at these price levels, revenue generated is insufficient to offset the investment costs of nuclear power plants, making additional financial support necessary. The study also examined the implications of expanding nuclear capacity for the Netherlands’ nuclear infrastructure. An increase in nuclear power capacity will affect both the demand for nuclear fuel and nuclear waste management effort.
Topics
TNO Identifier
1007085
Publisher
TNO
Collation
156 p.
Place of publication
Petten