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Published on: December 14, 2017
Expert judgments about RD&D and the future of nuclear energy
Laura D Anadón1, Valentina Bosetti, Matthew Bunn
1John F. Kennedy School of Government, Harvard University, 79 John F. Kennedy Street, Cambridge, Massachusetts 02138, USA. laura_diaz_anadon@harvard.edu
Nuclear energy experts predict rising costs for current and future reactor designs without increased government research, development, and demonstration (RD&D) funding. Experts recommend doubling RD&D investment to enhance safety and waste management, despite modest cost reduction expectations.
Area of Science:
- Nuclear Engineering
- Energy Policy
- Expert Elicitation
Background:
- Current nuclear energy systems (Gen. III/III+) face cost challenges.
- Future nuclear designs (Gen. IV, SMRs) are projected to be more expensive by 2030 without increased R&D.
- Government funding significantly influences nuclear technology development and deployment.
Purpose of the Study:
- To estimate the future cost and performance of nuclear energy systems.
- To assess the impact of varying government research, development, and demonstration (RD&D) spending scenarios.
- To gather expert consensus on optimal RD&D investment and allocation for nuclear technology.
Main Methods:
- Utilized a novel elicitation approach combining individual and group methods.
- Surveyed 30 U.S. and 30 European nuclear technology experts.
- Collected probabilistic estimates on cost, performance, and RD&D impact.
Main Results:
- Experts anticipate higher costs for Gen. III/III+, Gen. IV, and SMRs by 2030 under current funding levels.
- Unanimous recommendation for 2-3x increase in government RD&D funding.
- RD&D expected to modestly impact cost but significantly improve safety, waste management, and resource utilization.
- Agreement on prioritizing very high temperature reactors, sodium-cooled fast reactors, fuels/materials, and fuel cycle technologies.
Conclusions:
- Increased government RD&D funding is crucial for advancing nuclear energy technology.
- Strategic investment can enhance safety and sustainability, even if cost reductions are modest.
- Expert consensus guides future RD&D priorities for next-generation nuclear systems.
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