It’s actually quite miraculous: a complex system of substations, transformers and wires allow electricity to be instantly accessed at your convenience, even though it is generated hundreds of miles away. The following infographic shows how the power grid works – and it helps explain how electricity gets from the power plant to your household socket:
The power grid has four important parts: Generation: Electricity is created by burning fossil fuels, nuclear reactions, or collecting wind, solar, or water energy. Transmission: Electricity immediately goes to substations, where it is converted to a higher voltage via step-up transformers. This allows the electricity to travel long distances more efficiently. Distribution: Poles take electricity to where it needs to go. It is converted to a low voltage through step-down transformers, so that it can be used by houses or businesses. End Use: Once distributed, energy is used to keep food cold, rooms lit, and computers charged.
Power Grid Innovations
The future of grids is exciting, and these are some of the most important innovations that will affect how power is managed and distributed to cities: Microgrids: These are tiny, self-sufficient grids that can be “detached” from the larger grid. Microgrids will help to mitigate grid disturbances, and will make power grids more resilient as a whole. Energy Storage: As society becomes better at solving the energy problem with better batteries and other new ways of approaching energy storage, our grids will be better able to manage excess energy supply and demand. Smart Meters: Smart meters allow two-way communication between consumers and utility companies. Such meters allow utility companies to more efficiently match energy generation and consumption. They also help to alert utility companies when power is out, so that any issues can be resolved faster.
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#1: High Reliability
Nuclear power plants run 24/7 and are the most reliable source of sustainable energy. Nuclear electricity generation remains steady around the clock throughout the day, week, and year. Meanwhile, daily solar generation peaks in the afternoon when electricity demand is usually lower, and wind generation depends on wind speeds.As the use of variable solar and wind power increases globally, nuclear offers a stable and reliable backbone for a clean electricity grid.
#2: Clean Electricity
Nuclear reactors use fission to generate electricity without any greenhouse gas (GHG) emissions.Consequently, nuclear power is the cleanest energy source on a lifecycle basis, measured in CO2-equivalent emissions per gigawatt-hour (GWh) of electricity produced by a power plant over its lifetime. The lifecycle emissions from a typical nuclear power plant are 273 times lower than coal and 163 times lower than natural gas. Furthermore, nuclear is relatively less resource-intensive, allowing for lower supply chain emissions than wind and solar plants.
#3: Stable Affordability
Although nuclear plants can be expensive to build, they are cost-competitive in the long run. Most nuclear plants have an initial lifetime of around 40 years, after which they can continue operating with approved lifetime extensions. Nuclear plants with lifetime extensions are the cheapest sources of electricity in the United States, and 88 of the country’s 92 reactors have received approvals for 20-year extensions. Additionally, according to the World Nuclear Association, nuclear plants are relatively less susceptible to fuel price volatility than natural gas plants, allowing for stable costs of electricity generation.
#4: Energy Efficiency
Nuclear’s high energy return on investment (EROI) exemplifies its exceptional efficiency. EROI measures how many units of energy are returned for every unit invested in building and running a power plant, over its lifetime. According to a 2018 study by Weissbach et al., nuclear’s EROI is 75 units, making it the most efficient energy source by some distance, with hydropower ranking second at 35 units.
#5: Sustainable Innovation
New, advanced reactor designs are bypassing many of the difficulties faced by traditional nuclear plants, making nuclear power more accessible.
Small Modular Reactors (SMRs) are much smaller than conventional reactors and are modular—meaning that their components can be transported and assembled in different locations. Microreactors are smaller than SMRs and are designed to provide electricity in remote and small market areas. They can also serve as backup power sources during emergencies.
These reactor designs offer several advantages, including lower initial capital costs, portability, and increased scalability.
A Nuclear-Powered Future
Nuclear power is making a remarkable comeback as countries work to achieve climate goals and ultimately, a state of energy utopia. Besides the 423 reactors in operation worldwide, another 56 reactors are under construction, and at least 69 more are planned for construction. Some nations, like Japan, have also reversed their attitudes toward nuclear power, embracing it as a clean and reliable energy source for the future. CanAlaska is a leading exploration company in the Athabasca Basin, the Earth’s richest uranium depository. Click here to learn more now. In part 3 of the Road to Energy Utopia series, we explore the unique properties of uranium, the fuel that powers nuclear reactors.