How can the energy stress triangle be used to analyze energy legislation, investment or different types of generation? Let's take one of the more controversial types of power plants, nuclear power, and throw it into the energy stress triangle to see where it fits.
Nuclear Power:
There is no question that nuclear power reduces
rate payer stress. There is also no question that the cheap electricity
that nuclear power plants produce was aided by massive Federal
investment in the technology post World War II in the US.
Nuclear power also plays a key role
in reducing grid stress. As “base load generation” nuclear power has the
ability to run 24/7 at very reasonable prices (again the reasonable price part
of this is important—if you are a manufacturing business your monthly electricity
bills could be in the $100,000+ range, an increase in power prices of 10% could
mean layoffs, or increased prices to consumers for whatever widgets are being
produced). What is the role of a nuclear
power plant on the environmental stress part of the triangle? When a nuclear
power plant is running effectively it can be argued that it reduces
environmental stress as there are no
carbon emissions from nuclear power generation. However,
when nuclear power goes bad, from an environmental stand point it is like
the exceptionally dependable friend we all have—once a decade at New Year’s Eve
this friend loses all control and destroys everything in sight! Ask the people
who live within 20 kilometers of Fukushima Daiichi where they believe nuclear
power fits on the environmental stress part of the triangle.
The energy stress
triangle can be used to analyze different types of power generation like fossil
fuel generation (coal, natural gas or diesel), renewable
energy generation (solar, wind, hydro), local energy issues or policy (Cape Wind, Renewable Portfolio
Standard, or Green Communities Act) or alternative
energy solutions that are playing an increasing role in the lives of regional
energy grid operators like Demand Response, large scale batteries that can reasonably
store electricity, or energy efficiency incentives for residential and
commercial customers.
Of all of these, one of the few items on the list above that
can reduce all parts of the energy stress triangle is the simple commitment to
reducing energy consumption by the end user and energy efficiency
investment in the buildings that we live and work in.
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