Energy security

A fresh look at nuclear energy

We are running out of time, as the Intergovernmental Panel on Climate Change (IPCC) warned last October in a special report, Global Warming of 1.5°C. National commitments under the 2015 Paris Agreement are only the first step toward decarbonization, but most countries are already lagging behind. It is time to take a fresh look at the role that nuclear energy can play in decarbonizing the world's energy system.

Nuclear is already the largest source of low-carbon energy in the United States and Europe and the second-largest source worldwide (after hydropower). In the September report of the MIT Energy Initiative, The Future of Nuclear Energy in a Carbon-Constrained World, we show that extending the life of the existing fleet of nuclear reactors worldwide is the least costly approach to avoiding an increase of carbon emissions in the power sector. Yet, some countries have prioritized closing nuclear plants, and other countries have policies that undermine the financial viability of their plants. Fortunately, there are signs that this situation is changing. In the United States, Illinois, New Jersey, and New York have taken steps to preserve their nuclear plants as part of a larger decarbonization strategy.