Jacopo will examine the key findings of the 2018 MIT study on the Future of Nuclear.
The study showed that excluding nuclear energy drives up the average cost of electricity in deep decarbonisation scenarios due to the need for significant overbuild of renewables and storage.
The challenge for nuclear is the cost to build new plants. The study investigated why new nuclear plants are so expensive and difficult to build and identified the innovations that would make a difference. The business opportunity for nuclear is seen to expand dramatically as cost decreases.
Jacopo will also examine the opportunities for Australia in decarbonising the grid, desalination, uranium mining and spent fuel management.
Jacopo Buongiorno is the TEPCO Professor of Nuclear Science and Engineering at the Massachusetts Institute of Technology (MIT), and the Director of Science and Technology of the Nuclear Reactor Laboratory at MIT. Jacopo has published over 80 journal articles in the areas of reactor safety and design, two-phase flow and heat transfer, and nanofluid technology.
He is the Director of the Center for Advanced Nuclear Energy Systems (CANES), which is one of eight Low-Carbon-Energy Centers of the MIT Energy Initiative (MITEI). In 2016-2018 Jacopo led the MIT study on the Future of Nuclear Energy in a Carbon-Constrained World.
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