Skip to main content

Spain: Addicted to Natural Gas

From Bloomberg:
Spain's Prime Minister Jose Luis Rodriguez Zapatero is a self-proclaimed anti-nuclear warrior.

When the aging Jose Cabrera nuclear reactor, about 100 kilometers (63 miles) east of Madrid, was shuttered in April, Zapatero refused to consider a new atomic plant. Instead, the reactor will be replaced with a generator that burns North African gas. Zapatero pledged last month to unveil a plan by the elections in 2008 to phase out all nuclear reactors.

Four decades after dictator General Francisco Franco bet on nuclear power to reduce dependence on foreign energy, Spain is Western Europe's fastest-growing natural gas importer. The shift has come with a steep price tag: The cost of energy imports rose 66 percent in two years to 32.1 billion euros ($41 billion) in 2005, the National Statistics Office in Madrid said.

``We are putting ourselves at the mercy of gas,'' Pedro Rivero, the chairman of Madrid-based Unesa, a utilities' trade group, said in an interview last month.

Gas-fed reactors produce power for about 35 euros a megawatt-hour compared with 14 euros for nuclear plants, according to Madrid-based Union Fenosa SA, owner of the Jose Cabrera plant. Spain gets 75 percent of its energy from fossil fuels, more than the 50 percent average for the European Union.
When you're addicted to natural gas in Europe, it means you're addicted to Russian, Algerian and Iranian natural gas. As we've seen, that's awfully problematic.

Technorati tags: , , , , , , ,

Comments

Anonymous said…
Has any work been done on nuclear
photovoltaic cells? The advantages
over solar photovoltaic panels would seem to drive research in that direction.

Popular posts from this blog

An Ohio School Board Is Working to Save Nuclear Plants

Ohio faces a decision soon about its two nuclear reactors, Davis-Besse and Perry, and on Wednesday, neighbors of one of those plants issued a cry for help. The reactors’ problem is that the price of electricity they sell on the high-voltage grid is depressed, mostly because of a surplus of natural gas. And the reactors do not get any revenue for the other benefits they provide. Some of those benefits are regional – emissions-free electricity, reliability with months of fuel on-site, and diversity in case of problems or price spikes with gas or coal, state and federal payroll taxes, and national economic stimulus as the plants buy fuel, supplies and services. Some of the benefits are highly localized, including employment and property taxes. One locality is already feeling the pinch: Oak Harbor on Lake Erie, home to Davis-Besse. The town has a middle school in a building that is 106 years old, and an elementary school from the 1950s, and on May 2 was scheduled to have a referendu

Why Ex-Im Bank Board Nominations Will Turn the Page on a Dysfunctional Chapter in Washington

In our present era of political discord, could Washington agree to support an agency that creates thousands of American jobs by enabling U.S. companies of all sizes to compete in foreign markets? What if that agency generated nearly billions of dollars more in revenue than the cost of its operations and returned that money – $7 billion over the past two decades – to U.S. taxpayers? In fact, that agency, the Export-Import Bank of the United States (Ex-Im Bank), was reauthorized by a large majority of Congress in 2015. To be sure, the matter was not without controversy. A bipartisan House coalition resorted to a rarely-used parliamentary maneuver in order to force a vote. But when Congress voted, Ex-Im Bank won a supermajority in the House and a large majority in the Senate. For almost two years, however, Ex-Im Bank has been unable to function fully because a single Senate committee chairman prevented the confirmation of nominees to its Board of Directors. Without a quorum

NEI Praises Connecticut Action in Support of Nuclear Energy

Earlier this week, Connecticut Gov. Dannel P. Malloy signed SB-1501 into law, legislation that puts nuclear energy on an equal footing with other non-emitting sources of energy in the state’s electricity marketplace. “Gov. Malloy and the state legislature deserve praise for their decision to support Dominion’s Millstone Power Station and the 1,500 Connecticut residents who work there," said NEI President and CEO Maria Korsnick. "By opening the door to Millstone having equal access to auctions open to other non-emitting sources of electricity, the state will help preserve $1.5 billion in economic activity, grid resiliency and reliability, and clean air that all residents of the state can enjoy," Korsnick said. Millstone Power Station Korsnick continued, "Connecticut is the third state to re-balance its electricity marketplace, joining New York and Illinois, which took their own legislative paths to preserving nuclear power plants in 2016. Now attention should