Our nation’s energy strategy often focuses on an “all-of-the-above” approach, garnering support from both the political middle and right. However, one of the most promising energy sources is frequently overlooked: nuclear power. It’s clean, safe, and requires far less land than other energy industries, and with advances in technology, it’s becoming increasingly cost-effective. Colorado has always been a leader in innovation, and now it’s time for the state to embrace this (re-)emerging energy source and set an example for the rest of the nation.
So, what’s changed? For decades, high barriers to entry — such as start-up costs, waste disposal, and legal hurdles — made nuclear power seem unfeasible. Meanwhile, reactors built in the 1960s and 1970s were decommissioned, leaving America more reliant on fossil fuels and renewables. Few of these aging reactors have been replaced. However, recent innovations in nuclear technology, such as thorium and fluoride reactors, promise greater efficiency and safety. These new reactors use more abundant materials, generate less waste, and feature advanced recycling capabilities, making them a forward-thinking solution to our energy needs. Colorado has an opportunity to lead in this energy revolution.
Nuclear energy is the most reliable and scalable energy source, with U.S. nuclear plants operating at over 90% capacity — compared to geothermal at 71%, coal at 49.3%, wind at 34.6%, and solar at just 24.6%. To put this in perspective, one kilogram of uranium-235, the most common fuel for nuclear reactors, produces a staggering 24 million kilowatt-hours of electricity, far outpacing coal, oil, and natural gas. Unlike wind and solar, which depend on weather and daylight, nuclear power provides consistent, reliable energy. Solar energy’s dependence on sunlight leads to fluctuations in production, requiring costly infrastructure for energy storage or backup. Wind energy faces similar challenges, making nuclear power the most reliable option.
Safety and environmental concerns often cloud discussions about nuclear energy, but significant advancements in technology and safety protocols make these worries less relevant. Modern reactors are equipped with advanced safety measures and have proven incredibly safe and efficient. In fact, over the past 60 years, nuclear energy has been one of the safest forms of power generation globally. Notably, there has never been a significant release of radioactive material in the United States. Beyond safety, nuclear energy produces zero carbon emissions, making it a critical tool in the fight against climate change and air pollution. So far, it has prevented the release of over 62.9 billion metric tons of CO2 and other greenhouse gases, saving approximately 1.84 million lives by reducing air pollution. By 2050, nuclear power could prevent up to 7.8 million deaths.
Despite these benefits, upfront and liability costs remain significant hurdles. In the state Legislature, I will lead efforts to address these challenges by pursuing responsible liability reform and exploring ways for Colorado to make an initial investment in nuclear energy, allowing the state to launch one or more reactors. To be clear, I don’t support the government picking winners and losers in the marketplace. Incubating good ideas should never become permanent subsidies. Nuclear power should compete with other energy sources, letting the market decide.
However, the potential for a nuclear-powered energy revolution presents an exciting opportunity to bring clean energy and new jobs to Colorado. By embracing nuclear energy, we can help shape the future of the state’s energy industry and contribute to a cleaner, more sustainable future for all. Let’s look for sensible opportunities to jumpstart Colorado’s energy future.
Business owner and former State Representative Dan Woog, a Republican, is running for State House District 19.
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Publish date : 2024-09-23 19:47:00
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