Nuclear Issues

Characterizing the future performance of energy technologies can improve the development of energy policies that have net benefits under a broad set of future conditions. In particular, decisions about public investments in research, development, and demonstration (RD&D) that promote technological change can benefit from (1) an explicit consideration of the uncertainty inherent in the innovation process and (2) a systematic evaluation of the tradeoffs in investment allocations across different technologies. To shed light on these questions, over the past five years several groups in the United States and Europe have conducted expert elicitations and modeled the resulting societal benefits. In this paper, the authors discuss the lessons learned from the design and implementation of these initiatives.

In the lead-up to the nuclear security summit, Advancing Nuclear Security: Evaluating Progress and Setting New Goals outlines what was accomplished in a four-year effort launched in 2009 to secure nuclear material around the globe—and what remains to be done. The effort made significant progress, but some weapons-usable nuclear materials still remain “dangerously vulnerable." The authors highlight the continuing danger of nuclear and radiological terrorism and call for urgent action.

There has been much speculation as to what might replace the Nuclear Security Summits after 2016. One candidate touted as a suitable inheritor of the summits’ mantle is the International Atomic Energy Agency. In this discussion paper, Trevor Findlay examines whether and to what extent the IAEA could and should do so, what form its role might take, and how the Agency and summiteers might prepare for such an eventuality.

On the eve of the Nuclear Security Summit in Seoul, South Korea, a new study finds that an international initiative to secure all vulnerable nuclear stockpiles within four years has reduced the dangers they pose.

"The focus of the workshop was on the demonstration stage of the technology innovation cycle. Current policies do not adequately address the private sector’s inability to overcome the demonstration "valley of death" for new energy technologies. Investors and financiers fear that the technology and operational risks at this stage of the cycle remain too high to justify the level of investment to build a commercial-sized facility."

"There is broad political consensus that the current energy system in the United States is unable to meet the nation's future energy needs, from the security, environment, and economic perspectives. New energy technologies are required to increase the availability of domestic energy supplies, to reduce the negative environmental impacts of our energy system, to improve the reliability of current energy infrastructure (e.g., smart grid, energy storage), and to increase energy efficiency throughout the economy."

The Managing the Atom (MTA) Project and the Russian Research Center’s "Kurchatov Institute" collaboratively authored a report entitled Promoting Safe, Secure, and Peaceful Growth of Nuclear Energy: Next Steps for Russia and the United States. This report is intended to provide recommendations for enabling large-scale growth of nuclear energy while achieving even higher standards of safety, security, and nonproliferation than are in place today.

Associate Professor of Public Policy and Project on Managing the Atom Co-Principal Investigator Matthew Bunn provides a comprehensive assessment of global efforts to secure and consolidate nuclear stockpiles, and a detailed action plan for securing all nuclear materials in four years.  Securing the Bomb 2010 was commissioned by the Nuclear Threat Initiative (NTI). The full report, with additional information on the threat of nuclear terrorism, is available for download on the NTI website.