An assessment of the potentials of nuclear power and carbon capture and storage in the long-term global warming mitigation options based on Asian Modeling Exercise scenarios

Abstract

This paper presents an evaluation of global warming mitigation options based on scenarios from the Asian Modeling Exercise. Using an extended version of the integrated assessment model MARIA-23 (Multiregional Approach for Resource and Industry Allocation), we analyze nuclear fuel recycling options, carbon capture and storage technologies (CCS), and biomass utilization. To assess the potential implications of decreased social acceptance of nuclear power in the wake of the Fukushima nuclear accident, additional scenarios including a nuclear power expansion limitation, are analyzed. We also evaluate MARIA-23 model simulation estimates of long-term contributions and interrelationships among nuclear power, biomass, and CCS. Finally, potential costs of nuclear limitation under carbon control policies are assessed.The simulation results in this paper suggest the following: (1) under the reference scenario, global GDP losses in climate limitation scenarios range from 1.3% per year to 3.9% per year in 2060, rising to between 3.5% per year and 4.5% per year in 2100; (2) the use of nuclear fuel reprocessing technologies increase rapidly in all carbon control policy scenarios; (3) under a scenario where the price of CO2 is $30 and nuclear power expansion is strictly limited, GDP losses increase significantly—from 4.5% per year to 6.4% per year by 2100; (4) nuclear power and CCS are substitute mitigation technologies. With nuclear power technology available CCS deployment reaches approximately 15,000Mt-CO2 per year by 2010; without a nuclear power option, CCS deployment rises to more than 80,000Mt-CO2 per year; and (5) biomass utilization cannot fully compensate for limitations to nuclear power expansion in policy scenarios. In addition to examining the role of these three technologies on global scales, we report results for several major Asian regions, namely Japan, China, and India. China tends to deploy nuclear power (if available) in response to rapidly growing power demands, in all scenarios while India tends to rely less on nuclear power. The potential cost of nuclear power limitation under global warming mitigation in Japan is estimated be significantly higher than in China or India.