Nuclear power, the “perfect antidote to energy challenges?”

Energy supplies are facing record-breaking demand and utilities are looking to nuclear power generation to fill the gaps.  New nuclear energy technologies are making nuclear a viable and plausible option for energy providers.   

Puget Sound Energy is among the utilities investing heavily into new nuclear energy.  “As we de-carbonize the electric grid, it is increasingly evident new sources of carbon-free, reliable and affordable electricity must be deployed, and advanced nuclear energy technology can play a vital role in this transition,” Bob Schuetz, Energy Northwest chief executive officer, said in a statement.

While Puget Sound Energy aims to employ advanced tools and technology, Dominion Energy applied for approval to extend the life/license of two existing nuclear plants.  Along with partners Green Mountain Power Corp. and Massachusetts Municipal Wholesale Electric Co., the utility plans to apply for a license extension of 20 years for both Millstone 2 and Millstone 3.

“Although we have no plans to do so at this time, the plants can be removed from service permanently any time during this period,” he said. “Currently, we have no plans to close the plant as long as it is economically feasible to operate it. It is critical for both the New England region and our company,” said Michael O’Connor, site vice president of Millstone Power Station.

In the UK, the government announced the “biggest expansion” of nuclear power for 70 years.  Minister Rishi Sunak called nuclear power the “perfect antidote to the energy challenges facing Britain.” While Tom Greatrex, chief executive of the Nuclear Industry Association, NIA) welcomed the idea, “We will need both large and small nuclear at scale and pace for our energy security and net zero future.”

Is nuclear power generation the “perfect antidote to energy challenges?”  How would you answer?