| Economics | Socium | Environment |
|---|---|---|
Environmental Economics and Sustainable Development, 2021, 9 (28): 21-26
DOI: 10.37100/2616-7689.2021.9(28).3
UDC 330.341.2.533
JEL CLASSIFICATION: Q 40, Q 41, Q 42, Q 48, L 94
Volodymyr Boiko
PhD(Econ.),
Public Institution “Institute of Environmental Economics and
Sustainable Development of the National Academy of Sciences of Ukraine”
ORCID: https://orcid.org/0000-0002-6399-8926
Iryna Miskevych
postgraduate student,
Public Institution “Institute of Environmental Economics and
Sustainable Development of the National Academy of Sciences of Ukraine”
ORCID: https://orcid.org/0000-0003-2237-2107
PROSPECTS OF NUCLEAR ENERGY SECTOR OF UKRAINE IN CONDITIONS OF SUSTAINABLE DEVELOPMENT
Abstract: This article examines the current prospects for developing nuclear energy in Ukraine in terms of sustainable development. The strategic importance of nuclear energy for Ukraine is indicated. The advantages of nuclear energy in the context of electricity production's external costs over other energy generation technologies are noted. Today, nuclear energy is considered the most cost-effective low-carbon energy source. An analysis of reports from the Atomic Energy Agency and the US Department of Energy shows that nuclear power generation is a leader in many countries' energy sector, producing cheaper electricity than traditional TPPs. The main challenges for the energy system of Ukraine are highlighted. Among them are: wear and tear and impact on the environment of thermal generation (equipment at thermal power plants is worn out by 70–90 %); the unsatisfactory pace of modernization of the main generating capacities, mainly TPPs; the inconsistency of the flexibility of the United Energy System (UES) of Ukraine with the development of "green" energy (increasing the share of "green" energy increases the risks of UES sustainability) and the corresponding ill-consideredness in the pace and scale of renewable energy implementation. Lack of shunting power; the need to duplicate the capacity of renewable energy due to the low installed capacity factor (ICUF) and significant dependence on natural and climatic conditions; the need to replace existing nuclear power units, which end their extended service life with new, more modern ones that will meet the latest safety and economy standards; the imperfection of the electricity market, primarily in the context of its sale by nuclear generation producers under bilateral agreements; deficit of investments in the whole fuel and energy complex.
The main prospects for the development of nuclear energy in Ukraine are identified. Completion of Units 3 and 4 of Khmelnytskyi NPP (KhNPP) remains a critical prospect. An obstacle to this for Ukraine is the lack of appropriate technologies on the Ukrainian side and the curtailment of cooperation with Russia and companies belonging to this state. Another obstacle is that the promising power units of KhNPP based on WWER-1000 belong to the second generation, which today do not morally meet the latest trends and requirements in efficiency and safety standards. Theoretically, Western leaders in the nuclear industry, Orano and Westinghouse, could develop nuclear power plants based on their next-generation "3" and "3+" reactors, where the essential safety requirements are already embedded in the original design of the unit.
Another option would be to implement a small modular reactor technology project in Ukraine. Technologically, this will quickly resolve the issue of load management, which arose due to the rapid increase in the share of renewable energy generation in our country. This type of reactor has a significant advantage, which in addition to the minimum load on the environment is: the possibility of placement in areas where additional services are needed in the energy market; low construction costs; frequency of service and operating time; the full cycle of work with fuel. In general, low-power reactors can be used to implement the strategy of hybrid power generation (renewable + nuclear energy).
Key words: nuclear energy, reactor, sustainable development, renewable energy, energy safety.
Language version: Ukrainian
References
1. EIA (2020). Nuclear explained. Nuclear power plants. Retrieved from https://www.eia.gov/energyexplained/nuclear/nuclear-power-plants.php. [in English]
2. Nuclear Energy Agency (2020). Polnye zatraty na proizvodstvo elektrojenergii [Total cost of electricity generation]. Boulogne-Billancourt, 215 [in Russian]
3. Verkhoglyadova, N.I. (2018). Poslidovnist zabezpechennja innovacijno-orijentovanogo rozvytku atomno-promyslovogo kompleksu na osnovi strategichnyh determinant [The sequence of ensuring innovation-oriented development of the nuclear-industrial complex on the basis of strategic determinants]. Biznes-navigator, 5, 28-32 [in Ukrainian]
4. Holtec International (2019). Holtec's Small Modular Reactor. Retrieved from https://holtecinternational.com/products-and-services/smr/. [in English]
Article publication date: 2021
Date of online version: 2021
DOI: 10.37100/2616-7689.2021.9(28).3
UDC 330.341.2.533
JEL CLASSIFICATION: Q 40, Q 41, Q 42, Q 48, L 94
Volodymyr Boiko
PhD(Econ.),
Public Institution “Institute of Environmental Economics and
Sustainable Development of the National Academy of Sciences of Ukraine”
ORCID: https://orcid.org/0000-0002-6399-8926
Iryna Miskevych
postgraduate student,
Public Institution “Institute of Environmental Economics and
Sustainable Development of the National Academy of Sciences of Ukraine”
ORCID: https://orcid.org/0000-0003-2237-2107
PROSPECTS OF NUCLEAR ENERGY SECTOR OF UKRAINE IN CONDITIONS OF SUSTAINABLE DEVELOPMENT
Abstract: This article examines the current prospects for developing nuclear energy in Ukraine in terms of sustainable development. The strategic importance of nuclear energy for Ukraine is indicated. The advantages of nuclear energy in the context of electricity production's external costs over other energy generation technologies are noted. Today, nuclear energy is considered the most cost-effective low-carbon energy source. An analysis of reports from the Atomic Energy Agency and the US Department of Energy shows that nuclear power generation is a leader in many countries' energy sector, producing cheaper electricity than traditional TPPs. The main challenges for the energy system of Ukraine are highlighted. Among them are: wear and tear and impact on the environment of thermal generation (equipment at thermal power plants is worn out by 70–90 %); the unsatisfactory pace of modernization of the main generating capacities, mainly TPPs; the inconsistency of the flexibility of the United Energy System (UES) of Ukraine with the development of "green" energy (increasing the share of "green" energy increases the risks of UES sustainability) and the corresponding ill-consideredness in the pace and scale of renewable energy implementation. Lack of shunting power; the need to duplicate the capacity of renewable energy due to the low installed capacity factor (ICUF) and significant dependence on natural and climatic conditions; the need to replace existing nuclear power units, which end their extended service life with new, more modern ones that will meet the latest safety and economy standards; the imperfection of the electricity market, primarily in the context of its sale by nuclear generation producers under bilateral agreements; deficit of investments in the whole fuel and energy complex.
The main prospects for the development of nuclear energy in Ukraine are identified. Completion of Units 3 and 4 of Khmelnytskyi NPP (KhNPP) remains a critical prospect. An obstacle to this for Ukraine is the lack of appropriate technologies on the Ukrainian side and the curtailment of cooperation with Russia and companies belonging to this state. Another obstacle is that the promising power units of KhNPP based on WWER-1000 belong to the second generation, which today do not morally meet the latest trends and requirements in efficiency and safety standards. Theoretically, Western leaders in the nuclear industry, Orano and Westinghouse, could develop nuclear power plants based on their next-generation "3" and "3+" reactors, where the essential safety requirements are already embedded in the original design of the unit.
Another option would be to implement a small modular reactor technology project in Ukraine. Technologically, this will quickly resolve the issue of load management, which arose due to the rapid increase in the share of renewable energy generation in our country. This type of reactor has a significant advantage, which in addition to the minimum load on the environment is: the possibility of placement in areas where additional services are needed in the energy market; low construction costs; frequency of service and operating time; the full cycle of work with fuel. In general, low-power reactors can be used to implement the strategy of hybrid power generation (renewable + nuclear energy).
Key words: nuclear energy, reactor, sustainable development, renewable energy, energy safety.
Language version: Ukrainian
References
1. EIA (2020). Nuclear explained. Nuclear power plants. Retrieved from https://www.eia.gov/energyexplained/nuclear/nuclear-power-plants.php. [in English]
2. Nuclear Energy Agency (2020). Polnye zatraty na proizvodstvo elektrojenergii [Total cost of electricity generation]. Boulogne-Billancourt, 215 [in Russian]
3. Verkhoglyadova, N.I. (2018). Poslidovnist zabezpechennja innovacijno-orijentovanogo rozvytku atomno-promyslovogo kompleksu na osnovi strategichnyh determinant [The sequence of ensuring innovation-oriented development of the nuclear-industrial complex on the basis of strategic determinants]. Biznes-navigator, 5, 28-32 [in Ukrainian]
4. Holtec International (2019). Holtec's Small Modular Reactor. Retrieved from https://holtecinternational.com/products-and-services/smr/. [in English]
Article publication date: 2021
Date of online version: 2021