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Is there a Future for Nuclear Power? Wind and Emission Reduction Targets in Alberta

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  • G. Cornelis van Kooten
  • Rachel Lynch
  • Jon Duan

Abstract

This paper explores the viability of relying on wind power to replace upwards of 60% of electricity generation in Alberta that would be lost if coal-fired generation is phased out. Using hourly wind data from 17 locations across Alberta, we are able to simulate the potential wind power output available to the Alberta grid when modern, 3.5 MW-capacity wind turbines are spread across the province. Using wind regimes for the years 2006 through 2015, we find that available wind power is less than 60% of installed capacity 98% of the time, and below 30% of capacity 74% of the time. In addition, although there is insignificant correlation between wind speeds at different locations, it will still be necessary to rely on fossil fuel generation because winds are generally too variable and weak to replace reliable sources of power. Then, based on the results from a grid allocation model, we find that CO2 emissions can be reduced by about 30%, but only through a combination of investment in wind energy and reliance on purchases of hydropower from British Columbia. Only if nuclear energy is permitted into the generation mix would Alberta be able to meet its CO2-emissions reduction target in the electricity sector. With nuclear power, emissions can be reduced by upwards of 85%.

Suggested Citation

  • G. Cornelis van Kooten & Rachel Lynch & Jon Duan, 2016. "Is there a Future for Nuclear Power? Wind and Emission Reduction Targets in Alberta," Working Papers 2016-03, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
  • Handle: RePEc:rep:wpaper:2016-03
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    File URL: http://web.uvic.ca/~repa/publications/REPA%20working%20papers/WorkingPaper2016-03.pdf
    File Function: Final version, 2016
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    References listed on IDEAS

    as
    1. van Kooten, G. Cornelis, 2016. "Wind versus Nuclear Options for Generating Electricity in a Carbon Constrained World: Proceedings of the CSME International Congress 2016," Working Papers 241702, University of Victoria, Resource Economics and Policy.
    2. G. Cornelis van Kooten & Craig Johnston & Linda Wong, 2013. "Wind versus Nuclear Options for Generating Electricity in a Carbon-Constrained World: Strategizing in an Energy-Rich Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 505-511.
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    Cited by:

    1. G. Cornelis van Kooten, 2020. "Climate Change and Agriculture," Working Papers 2020-01, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    2. Pawel Robert Smolinski & Joseph Januszewicz & Barbara Pawlowska & Jacek Winiarski, 2023. "Nuclear Energy Acceptance in Poland: From Societal Attitudes to Effective Policy Strategies -- Network Modeling Approach," Papers 2309.14869, arXiv.org.
    3. Jon Duan & G. Cornelis van Kooten & A. T. M. Hasibul Islam, 2023. "Calibration of Grid Models for Analyzing Energy Policies," Energies, MDPI, vol. 16(3), pages 1-21, January.
    4. van Kooten, G. Cornelis & Withey, Patrick & Duan, Jon, 2020. "How big a battery?," Renewable Energy, Elsevier, vol. 146(C), pages 196-204.
    5. Huiyue Diao & Majid Ghorbani, 2018. "Production risk caused by human factors: a multiple case study of thermal power plants," Frontiers of Business Research in China, Springer, vol. 12(1), pages 1-27, December.

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    More about this item

    Keywords

    Electricity; renewable energy and climate change; wind power; intermittent energy; nuclear power;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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