NICE Future Launch

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NICE Future Initiative Launch

Transcript:

Distinguished ladies and gentlemen from
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diverse organizations, I'd like to
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acknowledge the countries and
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organizations that have joined the NICE
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initiative, NICE Future initiative, and
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are in this room today. Nine have joined
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definitively 13 of 25 some members have
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indicated some interest in the
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initiative in addition to four non SIM
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members. At CEMI last year in Beijing. U.S.
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energy secretary Rick Perry proposed the
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idea of a nuclear initiative under SIM.
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It's new, it's forward-looking and it
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considers broad global needs for energy
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and beyond. There is a key component of
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our all-of-the-above approach to energy,
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to using the power of innovation to grow
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our economies and protect our
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environment, and so Secretary Perry and I
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are quite proud of this initiative, and
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the ambitious program that it sets forth.
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This global effort will make sure
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nuclear energy has a seat at the table
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when it comes to high-level discussions
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about innovation and advanced clean
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energy systems. It's also a timely
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initiative since nuclear energy is an
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important contributor to global clean
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energy supply, both as a primary source
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of clean energy and by complementing and
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enabling other clean energy sources.
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Today there are 449 commercial reactors
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operating in 30 countries around the
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world. Globally nuclear energy produces
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nearly one-third of the world's clean
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electricity. In the U.S., that number is
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more than 50%. Nuclear power plants are
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the world's only 24-hour,
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seven-day-a-week base load source of
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emission-free electricity, yet despite
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nuclear's importance it is rarely
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considered in strategic planning for
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future clean energy systems. This is a
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missed opportunity,
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and so having nuclear included in the
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Clean Energy Ministerial will create a
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greater global recognition of its many,
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many unique benefits. The NICE Future
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initiative goes beyond the focus on
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nuclear energy to reimagine a future
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world made better by innovation. It
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reimagines the advanced uses and
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applications of nuclear technology now
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and in the future, ranging from energy
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security to access to clean water.
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Nuclear energy can be used for
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desalination, as we heard this morning,
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and thereby we can help to solve one of
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our world's greatest challenges. We see a
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number of exciting possibilities in the
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area of nuclear renewables integration.
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Integrated nuclear renewable systems
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could link an emissions-free nuclear
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power plant with variable renewables
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like solar plants or wind farms and
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could allow nuclear power to backstop
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intermittent generation. Countries
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seeking clean energy solutions, and
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moving aggressively toward renewable
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energy would more readily achieve clean
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air goals by not seeing it as nuclear or
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renewables but rather nuclear and renewables.
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There are other potential benefits
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for nuclear, as well. For instance,
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wide-scale nuclear hydrogen production
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by nuclear plants could develop
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significant synergies between power
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generation and transmission sectors.
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Nuclear reactors can economically
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produce hydrogen for fuel cells in the
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transportation sector or for bridge
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storage.
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Nuclear plants can also provide energy
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storage that includes thermal, electrical
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and chemical. In addition, new and
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innovative applications such as the
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development of SMRs could provide heat
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and power for a range of applications
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for on and off grid.
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SMRs may become an option in the
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energy needs of communities that have
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never considered this technology, such
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as those in the Arctic. Yet to play a
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role in the energy systems of the future,
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advanced nuclear energy systems will
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need to demonstrate a successful
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business case, and we think that SMRs can
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do that, and NICE Future can develop
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tools to assist with that goal. Some
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countries are still undecided about the
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course of their energy future, yet
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regardless of a country's energy plans
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the NICE Future initiative has something
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to offer. It provides a forum for
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countries to apply experience, insights,
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creativity and evaluation tools to
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consider the right path for them. This
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initiative is unique; nothing like it has
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been done before. So we welcome all of
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you to this new conversation and we look
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forward to working with you on the NICE
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initiative to create a brighter energy
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future. Thank-you.
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