A lively debate! I defended the Finnish model, as did Finnish expert Rauli Partanen.
Finland, having just completed and put online Europe’s largest nuclear plant, Olkiluoto 3, is considering adding more carbon-free nuclear power plants. Its two older nuclear plants, online since the 1970s and 80s, are operating 24/7 at an impressive 92.8% of full capacity. By comparison, I explained German onshore wind achieved only 19% and offshore only 35% of the installed turbines’ full-rated capacities in 2022 (Calculated from Fraunhofer data – T.O’D.).
Finland also uses its natural endowment of no-carbon hydro wisely, and embraces a limited amount of variable renewables. I explained that this is in contrast to Germany with its (IMHO) over-dependence on renewables and willful destruction of 17 nuclear facilities, which is increasingly requiring installation of expensive new and rebuilt grids, and “grid-scale storage” for when wind and sun are low.
The third guest, the Paris chair of “The Nuclear Consulting Group” was actually anti-nuclear, defending an only-renewables strategy. I found his arguments, generally based on anecdotal expert opinions, as opposed to broad data, unsatisfactory; but consistent with the “100% renewables and no nuclear” school of thought, as I have termed it. (1)
Some facts on Finland’s energy: According to the International Energy Agency (IEA), Finland has “the world’s most ambitious carbon targets,” planning for neutrality by 2035 (IEA; timestamp 16:35), with 40% of its electricity in 2023 being nuclear (ibid.; timestamp 17:21). According to the latest (2023) IEA review, “Finland’s nuclear and renewable power strengths provide a solid foundation for reaching its ambitious climate targets.”
- Here’s the lineup of the show:
TRT London – Round Table. Jun 9, 2023: Electricity bills have spiked across Europe. But, in Finland it’s going in the other direction.
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