Listed here are publications resulting from some of LucidCatalyst's projects that have materially advanced the field of clean energy and decarbonization.
Advanced Reactor Economics and Markets
Authors Forsberg and Ingersoll write that the viability of nuclear power ultimately depends on economics. The most important factor is an efficient supply chain, including on-site construction practices. This is the basis for the low capital cost of light water reactors from China and South Korea. The design can significantly affect capital cost through its impact on supply chain. The question is, how can advanced reactors boost revenue and reduce cost?
Missing Link to a Livable Climate: How Hydrogen-Enabled Synthetic Fuels Can Help Deliver the Paris Goals
Our report shows that it’s not too late to still meet the Paris goals – but only if we are prepared to make major investments in clean hydrogen production. There is simply no other way to make the numbers add up – this truly is the missing link we need to maintain a liveable climate on this planet.
Driving deeper decarbonization with nuclear energy
By Eric Ingersoll and Kirsty Gogan, IAEA Bulletin. The Clean Energy Ministerial Flexible Nuclear Campaign we co-founded explores the expanded role that nuclear energy can play in de-risking the energy transition. Here, we describe two opportunities to drive deeper decarbonization with nuclear energy. The first is to expand the role of nuclear energy in electricity production through a combination of advanced reactors and thermal energy storage. This is intended to complement renewables in future energy grids. The second is to address the use of oil and gas, which currently accounts for three quarters of energy consumption, by providing large-scale, low-cost hydrogen produced with nuclear power.
Managing Drivers of Cost in the Construction of Nuclear Plants
In this article, published in the The Bridge (National Academy of Engineering), authors Eric Ingersoll, Kirsty Gogan, and Giorgio Locatelli describe how the US nuclear sector can shift to standardized products with replicable designs delivered by consistent, experienced suppliers, as demonstrated by experience in other countries.
Clean Energy Ministerial NICE Future Initiative Flexible Nuclear Campaign Report
The LucidCatalyst team was honored to be invited to write both the NGO Foreword (with Energy for Humanity and ClearPath Foundation) as well as a dedicated chapter in the report focused on flexible advanced reactors in future energy grids and innovative new hydrogen production facilities.
The ETI Nuclear Cost Drivers project: Full Technical Report
Energy Systems Catapult has just released the full technical report from the Energy Technologies Institute Nuclear Cost Drivers (ETI NCD) project by LucidCatalyst. This report demonstrates a credible path for nuclear energy to become a competitive Net Zero solution alongside renewables.
Drivers of Cost and Risk in Nuclear New Build Reflecting International Experience July 2020 For the Nuclear Industry Council’s New Build 30% Cost Reduction Working Group
In 2018 LucidCatalyst led the Energy Technologies Institute (ETI) Nuclear Cost Drivers Study (NCD) suggesting that UK nuclear new build has very significant cost and risk reduction potential. The 30% Cost Reduction Working Group therefore commissioned LucidCatalyst to apply the insights gained in the ETI NCD Study to produce this short report.
Cost and Performance Requirements for Flexible Advanced Nuclear Plants in Future U.S. Power Markets
A new study by LucidCatalyst for the ARPA-E MEITNER program is the first to derive the highest allowable capital cost for advanced reactors across four of the major power markets in the US in 2034. Advanced reactors that cost less than $3,000/kW will be attractive investments, and create the most value for plant owners. The study shows how advanced reactors can complement wind and solar. Together, these technologies drive down costs, reduce emissions, and improve performance in future U.S. electricity grids.
Assessment of the Sustainability of Nuclear Power for the EU Taxonomy Consultation 2019
LucidCatalyst and its partners created this report for the European Commission Technical Expert Group on Sustainable Finance, as well as for the international investment and financing community, to help them fairly and robustly evaluate the overall sustainability of nuclear energy as an investment. Our central finding is that nuclear energy is a sustainable energy investment.
Advancing Nuclear Innovation: Responding to Climate Change and Strengthening Global Security
This report is a culmination of meetings and effort from Partnership for Global Security and the Nuclear Energy Institute under the Global Nexus Initiative. Advanced nuclear reactors, the smaller, flexible, and innovative nuclear technologies of the future, are rising in importance as the global community grapples with the vital challenges of cutting carbon emissions, supporting the global demand for electric power, and ensuring the continued peaceful use of nuclear energy in the 21st century. LucidCatalyst contributed.
Nuclear Power in a Clean Energy System: A Key Source of Low-Carbon Power
Kirsty Gogan contributed to this report, which focuses on the role of nuclear power in advanced economies and the factors that put nuclear power at risk of future decline. It is shown that without action, nuclear power in advanced economies could fall by two-thirds by 2040.The implications of such a “Nuclear Fade Case” for costs, emissions and electricity security using two World Energy Outlook scenarios – the New Policies Scenario and the Sustainable Development Scenario are examined.
Clean Growth through Innovation – the need for urgent action
The UK’s Nuclear Innovation & Research Advisory Board (Nirab) has recommended that the UK Government should consider investing up to GBP1 billion (USD1.3 billion) between 2021 and 2025 to boost the progress of innovation in the nuclear energy sector.
Flexible Nuclear Campaign
LucidCatalyst is providing support and staffing for the Flexible Nuclear Campaign led by EFH, EON, and NREL, which is a campaign of the NICE Future Initiative of the Clean Energy Ministerial.
Stakeholder Engagement Curriculum for IAEA
LucidCatalyst created a Stakeholder Engagement Curriculum for newcomer countries on behalf of the International Atomic Energy Agency (IAEA). The workshop aims to provide a basic grounding in the concepts and best practices of stakeholder involvement for a broad variety of participants, drawn from around the globe and across the full range of nuclear activities.
The Future of Nuclear Energy in a Carbon-Constrained World: An Interdisciplinary MIT Study
A fresh look at nuclear, given advances in inherently safer technologies, a sharpened focus on the need to reduce CO2 emissions in the energy sector, and challenges of cost and public perceptions of safety. LucidCatalyst's Eric Ingersoll and Andrew Foss contributed.
The ETI Nuclear Cost Drivers Project: Summary Report
Delivered by LucidCatalyst for the ETI, the purpose of this project was to use a data led approach, informed by the cost base of water-cooled power reactors, to identify the cost drivers within historic, contemporary, and advanced reactor designs to support investment in new nuclear power and its role in the UK’s future, low carbon energy system.
What will Advanced Nuclear Power Cost?
Advanced nuclear technologies represent a dramatic evolution from conventional reactors in terms of safety and nonproliferation, and the cost estimates from some advanced reactor companies—if accurate—suggest that these technologies could revolutionize the way we think about the cost, availability, and environmental consequences of energy generation. Comparing the cost of future nuclear technologies to current designs (or other generation technologies) requires capturing cost data for advanced nuclear plants in a standardized, comprehensive manner. Using the plant cost accounting framework developed by the Generation IV International Forum, LucidCatalyst and EON created a cost model for this study that includes all potential cost categories for an nth- of-a-kind (NOAK) nuclear plant.
Making Sense of Nuclear
This new guide, produced by Sense About Science, and co-authored by a range of experts, is designed to help guide informed decision-making around some of the big questions and concerns about nuclear energy. LucidCatalyst's Kirsty Gogan, a contributor, said: “Our response to climate change today will have far-reaching implications for our children. Our decisions must be based on the best available evidence. We need to go beyond wishful thinking and crunch the numbers properly if we are to succeed globally in making a rapid and meaningful transition from fossil fuels. Robust information and sound analysis are as important as following our hearts. This report is vital reading for anyone exploring big questions about the role nuclear might play in helping us to forge a realistic path to a clean energy future.”