Deutsche Bank: Main Challenges of Nuclear Decommissioning on the European Energy Landscape
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Deutsche Bank: Main Challenges of Nuclear Decommissioning on the European Energy Landscape

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Up to 80 civilian nuclear power reactors will be shut down in the next ten years due to their operating life and political decisions in Europe. ...

Up to 80 civilian nuclear power reactors will be shut down in the next ten years due to their operating life and political decisions in Europe.
The decommissioning of nuclear power plants poses high demands regarding national and international regulations, extensive funding, decontamination technologies and waste storage - resulting in a need for optimised decommissioning strategies, which have to be well coordinated among all participants.

Read the interview with Mark C. Lewis, Managing Director - Commodities Research, Deutsche Bank to get a snapshot of Europe’s evolving energy landscape and the
implications of a shift away from nuclear.

To discuss how to prepare for future decommissioning of power plants and to define optimal planning variants for the implementation, Join us at our 2nd International Nuclear Decommissioning Summit, 28 – 29 January 2014 in Berlin.

Hear presentations from highlight speakers such as Gérard Laurent - Decommissioning Expert at EDF-Électricité de France and Maurizio Boella - Directorate-General for Energy at the European Commission, specifically addressing these current issues:

* Receive an update on current status of decommissioning projects across Europe to identify future commercial opportunities for your business
* Gain insight into guidelines to help you manage regulatory control systems and ensure compliance to increase efficiency
* Get to grips with the development of innovative technologies for nuclear decommissioning, waste management and disposal to stay ahead of your competition
* Explore forecast decommissioning costs, review funding and implement risk mitigation strategies for timely and cost effective decommissioning plans
* Learn from recent project examples delivered with the supply chain and apply them to your project
* Discuss which dismantling and demolition techniques are the most reliable, economical and efficient for your project

If you wish to download the full interview or would like to see the Agenda for our 2nd International Nuclear Decommissioning Summit, follow this link: http://bit.ly/Slideshare-NuclearDecommissioningSummit

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Deutsche Bank: Main Challenges of Nuclear Decommissioning on the European Energy Landscape Document Transcript

  • 1. Exclusive interview: Deutsche Bank: Main challenges of nuclear decommissioning on the European Energy landscape Mark C. Lewis, Managing Director- Commodities Research, Deutsche Bank is the Head of Energy Research. His research on Power, Gas and Emissions Markets has been ranked Number 1 by the benchmark Energy Risk survey of global commodities investors in 2011, 2010, 2009, and 2008. Read this interview to get a snapshot of Europe’s evolving energy landscape and the implications of a shift away from nuclear. IQPC: How is the energy landscape evolving in Europe? Mark C. Lewis: The EU energy landscape is being transformed by the three pillars of EU energy policy, namely (i) the 2020 renewable-energy target, (ii) the greenhouse-gas emissionsreduction target, and (iii) the energy-efficiency target. The impact of these policies will be felt in the increasing take-up of renewable electricity generation, and by the reduction in the role of CO2-intensive forms of power generation in the mix such as coal and lignite. A complicating factor, though, is the impact of Germany’s decision to close down all of its nuclearpower plants by 2022, as this will put added costs on the ability of the EU to meet its renewable and CO2 targets. IQPC: What are the implications of a shift away from nuclear? Mark C. Lewis: The reduction of nuclear power in the EU energy mix over coming years – dramatic in countries like Germany, but more gradual in countries like France and the UK – will create a growing need for other sources of low-carbon thermal power generation that can serve as a reliable back-up for renewable at times of low wind and solar availability. This means first and foremost more gasfired power-generation capacity will need to be built in the EU in the future, with a corresponding need for greater gas imports, which will increase the need for a longterm strategic vision on the EU’s security of supply. It will also likely lead to a renewed interest in developing carbon-capture-and-storage technology for use in coal-fired power stations. IQPC: How will increased market volatility affect the energy market and utilities?