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Growing Demand
Electricity powers economic growth
Our current yearly rate of raw energy consumption in the US is 100 quadrillion
BTUs. That’s quads, for short, but it’s a lot of zeros. We use about 30% of
those quads to power transportation, about 30% to produce heat, and about 40%
of that energy to generate electricity. In general, we use oil for
transportation, natural gas for heat, and coal, uranium, natural gas, and
moving water (hydroelectricity) to generate electricity — that’s in descending
order of usage.
Electricity has met almost all of the growth in our energy demand since the
1980’s. And that trend just becomes stronger. Consider: The fastest growth
sectors of our economy are information technology (IT) and telecommunications.
Transportation is more and more dependent on electricity; we’re moving towards
hybrid gasoline-electric cars. Even heat sources are more likely to use
electricity, for example, much of the function of gas ovens has been replaced
by microwaves.
It’s
not at all surprising that demand will double by 2020. But how we meet that
demand will require some very hard thinking and tough decisions. Over the past
30 years, we’ve met demand mainly through growth of nuclear and natural gas
generating capacity. No new nuclear plants have been ordered since the 1970s or
completed since the 1990s. Currently, expansion of electric generation is
through coal and natural gas fueled facilities, and through installing more
efficient systems in today’s nuclear plants. The contributions of different
fuel types to today’s electric generation can be seen in the graph to the
(right).
There are significant barriers to meeting the coming demand, however. Our
current reliance on foreign oil, the lack of progress in renewable capacity,
the dramatically increasing costs of natural gas, and continued concern over
pollution from coal have all curtailed development. In fact, of the 43,000 MW
of new capacity that was planned for construction between 1995 and 1999, only
about 18,000 was actually built.
The situation is critical, if we are to maintain America’s current quality of
life and independence. For a healthy economy, personal comfort, national
security, and because the environment
matters we must consider new sources of power, including nuclear power
in its advanced technologies
— which promise greater safely, lower cost energy production, and domestic fuel
sources.
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