economic position of existing nuclear power plants in ... · iea nucler power in a clean energy...

Economic position of existing nuclear power plants in todays electricity markets

Mats Ladeborn

Vice President Fleet Development, Vattenfall

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 1

Fossil free within one generation – a powerful message

Free from fossil fuel within one generation

At Vattenfall we exist to help all of our customers power their lives in ever climate smarter ways and live free from fossil fuel within one generation

Power Climate Smarter Living

2

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1)

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 3

41,5% 38,5% 10,5 %

Figures for Sweden 2018, total production 158,3 TWh, export 17,2 TWh

More than the present Swedish consumption

Politics govern

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 4

Swedish energy agreement 2016

2018 election campaign

for Swedish Parliament

Terminated the nuclear tax, no political end-date

Demand for LTO

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 5

Project for fossil free steel Coopertion for large scale production of bio diesel

Study on electrification of cement production

Northern Europe's largest charging network for electric cars

Nuclear Safety for LTO

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 6

D

Independent Core Cooling

Safety functions upgraded

Emergency filter

2020

1985 2005-15

Challenges for LTO

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 7

Attracting young talents Commercially viable

Rev. Cost

Target

20 EUR/MWh

Cost-efficiency of nuclear power can be improved

Paris 25 February 2019

IEA Nucler power in a clean energy system Confidentiality – None (C1) 8

• A car, ca. 30 000 components

• Several electronic systems

and mechanical components

that contribute to safety

• Price incl. taxes 19 000 €

• 64 bolts and nuts for flanged

connection of pipes

• Safety class 2

• Price excl. taxes ca.

20 000 €

• Off the shelf without

certificates, ca. 160 €

Non-nuclear high quality Industrial Standards

Aviation – Medicine – Petroleum- Marin

(Source TVO)